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MEPs to cut EU foreign policy budget in tactical manoeuvre - EUobserver.com
EUOBSERVER / BRUSSELS - Members of the European Parliament's budget committee have approved a plan for EU spending in 2008 which includes a tactical move aimed at securing fresh money for the controversial Galileo satellite system and European technology institute projects.

The final part of the draft budget dealing with foreign policy was approved on Monday (8 October) and its full version is scheduled to get a first reading go-ahead by the whole plenary on 23 October in Strasbourg.

In a bid to strengthen their position against member states in the tough budgetary negotiations set to follow, deputies have suggested a 20 percent drop in next year's budget for foreign policy.

"This is the way for MEPs to make sure that the council negotiates further with them on other priorities, mainly Galileo and the technology institute - as the drop in sum for external policies which member states decide without the parliament's intervention is something strongly opposed by them," one official explained.
by Fran on Tue Oct 9th, 2007 at 11:43:51 PM EST
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Both the Commission and the EP have criticised the Council's budget proposal for reducing the size of the overall budget. So, where should the cuts go? To the CFSP, which is managed by the Council, in order to save money for Galileo and the European Technology Institute, which both the EP and the Commission want. This is going to get interesting.

We have met the enemy, and it is us — Pogo
by Migeru (migeru at eurotrib dot com) on Wed Oct 10th, 2007 at 04:31:12 AM EST
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is to cut the CAP budget in the end. High famr prices might be an ideal opportunity to do so.

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Wed Oct 10th, 2007 at 04:51:50 AM EST
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