Arab Today, arab today eu council asks for deferral of extra budget contribution payment
Last Updated : GMT 19:14:58
Arab Today, arab today
Arab Today, arab today

EU Council asks for deferral of extra budget contribution payment

Arab Today, arab today

Arab Today, arab today EU Council asks for deferral of extra budget contribution payment

EU Council
Brussels - XINHUA

 The Council of the European Union here on Friday requested the European Commission to submit a proposal to allow member states related to defer the required payment over a reasonable period of time.
According to the presidency conclusions of the meeting of EU Economic and Financial Affairs Council, which was held on Friday, the date when the relevant member states can defer their payment should be no later than Sept. 1.
"Due to the major revisions of the Gross National Income (GNI) of several member states, their additional contributions to the EU budget will be substantial," said the presidency conclusions, adding that the payment date of the first working day of December is short.
It said the original payment date in December "may result in exceptionally high fiscal implications for those member states," it said.
For the sake of equal treatment of all member states, deferral should then be an option for all if the overall sum of the GNI balances is exceptionally high. And taken into account the tight deadlines, this amendment should come into effect by Dec. 1 this year.
Britain and other member states were informed of the new budget calculations at an EU summit last month. The amount is based on a calculation of how well the economies of member states have fared since 1995.
Media reports had that British Prime Minister David Cameron responded angrily to the new budget, based on data showing that Britain was wealthier than previously thought, and that Britain owed more money to the EU.
Cameron insisted hat there was "no pressing need" for Britain to pay the extra budget contribution of 2.1 billion euros (2.67 billion U.S. dollars) to the EU by the Dec. 1 deadline.

arabstoday
arabstoday

GMT 14:52 2017 Thursday ,19 October

South Korea raises growth outlook

GMT 14:43 2017 Thursday ,19 October

China's economic growth slows in Q3

GMT 13:30 2017 Thursday ,19 October

NAFTA talks deadlock: the main sticking points

GMT 13:24 2017 Thursday ,19 October

Cognac craze in US, China prompts Hennessy expansion

GMT 12:30 2017 Thursday ,19 October

Swiss 'tax spy' ready to confess in German trial

GMT 12:24 2017 Thursday ,19 October

Juice bottler Refresco in talks with French investor

GMT 22:28 2017 Wednesday ,18 October

Bahrain signs $3.8bn deal for F-16 jets
Arab Today, arab today
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eu council asks for deferral of extra budget contribution payment Arab Today, arab today eu council asks for deferral of extra budget contribution payment

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eu council asks for deferral of extra budget contribution payment Arab Today, arab today eu council asks for deferral of extra budget contribution payment

 



Arab Today, arab today
Arab Today, arab today Arab tradition glitters in Colombia

GMT 12:59 2017 Thursday ,19 October

Arab tradition glitters in Colombia
Arab Today, arab today Second US judge orders freeze

GMT 08:04 2017 Thursday ,19 October

Second US judge orders freeze
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Silent Republicans have their reasons

GMT 16:55 2017 Thursday ,19 October

Silent Republicans have their reasons
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Hussein Fahmy happy for honoring in festival

GMT 07:47 2017 Tuesday ,17 October

Hussein Fahmy happy for honoring in festival
Arab Today, arab today Climate-disrupting volcanoes helped topple

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 09:31 2017 Monday ,16 October

Dalal Abdel Aziz happy for “Seventh Neighbor”

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 18:29 2017 Sunday ,03 September

Designer produced new set of ornaments

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 23:42 2017 Monday ,16 October

Better Marriages Make

GMT 06:52 2017 Monday ,16 October

Airbus CEO says won't cling to job

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

GMT 19:29 2017 Tuesday ,29 August

Yomna: decoration leaved positive effects
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday