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European Salon de News, Discussion et Klatsch - 1 May | 61 comments (61 topical, editorial, 0 hidden)
Re: Economy and Finance (none / 1)
EUobserver / EU presents economic recovery budget for 2010

EUOBSERVER / BRUSSELS - The European Commission on Wednesday proposed a €139 billion budget for 2010, largely aimed at boosting economic growth in the European Union.

A large part of the funds (45%) is for programmes meant to boost growth and employment, a rise of 3.2 percent on last year's budget.

Negotiations on the 2010 budget should be wrapped up in December

An increase of 12 percent has been proposed for programmes linked to research and energy while around 9 million citizens are expected to receive support from the European Social Fund.

Presenting the budget, EU commissioner Siim Kallas said: "The budget targets measures to help avert an even sharper downturn."

by Fran on Thu Apr 30th, 2009 at 03:13:19 PM EST
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European Salon de News, Discussion et Klatsch - 1 May | 61 comments (61 topical, 0 editorial, 0 hidden)
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