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Funding for agriculture, fishing, and economically-weak regions is to be maintained in the EU's next long-term budget. Overall spending, though, has been capped. So how will the member states balance the equation? For months now, member states have been discussing the the EU's long-term budget for the years 2014 to 2020. Most countries want to spend less than the European Commission and the European Parliament proposed.
Funding for agriculture, fishing, and economically-weak regions is to be maintained in the EU's next long-term budget. Overall spending, though, has been capped. So how will the member states balance the equation?
For months now, member states have been discussing the the EU's long-term budget for the years 2014 to 2020. Most countries want to spend less than the European Commission and the European Parliament proposed.
Efforts to finalize a new long-term EU budget have suffered a setback after the major parties in the European Parliament rejected a provisional deal. EU politicians have been wrangling over the issue for months. The statements that came out of the European Parliament on Thursday contradicted reports from just a few hours earlier, suggesting that a breakthrough deal had been achieved that would seek lawmakers approval of the proposed budget.
Efforts to finalize a new long-term EU budget have suffered a setback after the major parties in the European Parliament rejected a provisional deal. EU politicians have been wrangling over the issue for months.
The statements that came out of the European Parliament on Thursday contradicted reports from just a few hours earlier, suggesting that a breakthrough deal had been achieved that would seek lawmakers approval of the proposed budget.
BRUSSELS - EU negotiators are on the brink of formally concluding a 960 billion deal on the next seven year EU budget, after a tentative deal between national ministers and MEPs. Irish deputy Prime Minister Eamon Gilmore, who led the talks in Brussels on Wednesday (19 June), told reporters that he and Alain Lamassoure, the French centre-right deputy leading the parliament team, agreed compromises on the four main EU parliament concerns.
BRUSSELS - EU negotiators are on the brink of formally concluding a 960 billion deal on the next seven year EU budget, after a tentative deal between national ministers and MEPs.
Irish deputy Prime Minister Eamon Gilmore, who led the talks in Brussels on Wednesday (19 June), told reporters that he and Alain Lamassoure, the French centre-right deputy leading the parliament team, agreed compromises on the four main EU parliament concerns.
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