EU Budget to be Increased

Politics ♦ Published: March 18, 2013; 19:32 ♦ (Vindobona)

Because of Croatia’s EU entry on July 1, 2013 the budget has to be elevated

EU Budget to be Increased / Picture: © Vindobona.org

For the first time since 1957, the volume of expenses was not raised but cut. A total of € 960bn in liabilities and € 908.4bn in donations in the years from 2014 to 2020 was agreed upon by the heads of governments in a 26-hours-long negotiation in Brussels on February 8. However, the EU parliament did not approve of this proposal. The multi-annual financial framework recommended by…

or Log In

Fast News Search
Related News
Austria Welcomes Agreement between Croatia and Slovenia (March 13, 2013)
Croatia: Austerity Policy Faces Difficulties (January 22, 2013)
Croatia: Dispute with Slovenia May Postpone EU Accession (January 17, 2013)
Croatia Faces Stagnation (January 5, 2013)
Croatian EU-Accession: Slovenia as Obstacle (September 22, 2012)
Read More
Monetary Policy, Croatia, EP European Parliament, Brussels, Cohesion Policy, EU Accession
Featured
See latest Vindobona Newsletter