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May I add that reform should also include the Commission's communications on this subject?

Trying to get clear information and data on the budget is frustrating to say the least. Time for a change.

by afew (afew(a in a circle)eurotrib_dot_com) on Sat Sep 5th, 2009 at 06:01:22 PM EST
European Tribune - UK Rebate Squawks - Again
The exchange rate is set for each year by the rate on the last day of the previous year. The rates for 2005,6, 7, given in a footnote, are around GBP 1 = EUR 1.46. For 2008, the rate slipped to 1.26. For 2009, it's 1.05. The effect is that a lower contribution (thanks to the recession) costs more and (mediawise) doesn't look much lower when stated in pounds.

so next year's will be a real doozie.

that should give cameron something to chew on

~"When an inner situation is not made conscious, it appears outside as fate." Karl Jung~

by melo (melometa4(at)gmail.com) on Sun Sep 6th, 2009 at 02:58:40 AM EST
[ Parent ]
Thanks for putting all this together, it's giving me brain ache trying to follow this well written diary so I wouldn't like to have been wading through all these different sources to work out what was going on.

Ad astra per aspera
by In Wales (inwales aaat eurotrib.com) on Sun Sep 6th, 2009 at 05:21:34 AM EST
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