Arab Today, arab today battle over eu budget turns ugly
Last Updated : GMT 11:38:26
Arab Today, arab today
Arab Today, arab today

Battle over EU budget turns ugly

Arab Today, arab today

Arab Today, arab today Battle over EU budget turns ugly

Brussels - AFP

Negotiations over the European Union budget turned ugly on Wednesday as a drive to ramp up 2013 funding ran into a push by national governments to impose a decade of austerity on Brussels. European Commission president Jose Manuel Barroso confirmed his executive wants a budget next year of 138 billion euros ($182 billion) -- an increase of 6.8 percent to 9.0 billion euros, way above average inflation. \"We also need investment for growth,\" Barroso told a press conference, suggesting the EU would focus its spending on areas generating better returns. \"And precisely this budget is a response to this concern,\" he said. Diplomats though warned that several governments including Britain, France and Germany had already signalled this level was \"unacceptable\" at a time when national governments are forced to cut costs. The leader of the European Conservatives and Reformists group in the European Parliament, English MEP Martin Callanan, said the demand was \"simply out of touch with the real world.\" A frustrated Barroso hit back: \"Does the public in the UK know that the British government is arguing for increased expenditure in ITER,\" referring to a nuclear research project costing many billions. A British government official said that referred to a hole in funding in 2010 that London agreed to plug alongside France, Germany, the Netherlands and Sweden, on condition other cuts were made. Alongside the former Portuguese prime minister, the European Parliament\'s German Socialist head Martin Schulz meanwhile said the return of big banking bonuses was a bigger problem. The London goverment could relieve the pressure on its contributions by backing proposals for an EU-wide financial transactions tax, Schulz stressed. The EU budget is always chaotic to negotiate: a big bloc led by France insists spending on agriculture is sacrosanct; while another led by Poland maintains so-called \"cohesion\" funding, or investment in poorer regions, must be kept high. Between them, these two primary EU policies account for 80 percent of bloc spending. After bruising battles that got worse during the debt crisis, the EU\'s budget for 2012 was agreed at a modestly-up 129 billion -- and in February, the EU executive sought only 131.67 billion for 2013. The Commission says the extra money now demanded next year is needed to settle unpaid bills from its seven-year budgetary cycle, drawing to a close with 2013. Diplomats say the \"substantial\" jump is a response to a push by bigger member states who want to slash 100 billion euros from EU spending during the 2014-2020 budgetary cycle. Poorer eastern EU countries that normally benefit most from annual grants aimed at levelling out facilities across the continent are leading the fight to maintain levels of investment. For these countries, according to a joint statement, \"we ought to focus on those instruments that promote growth, jobs and investment.\" Countries among this group -- almost half the EU membership -- argue that deep cuts going forward would only exacerbate the traditional wealth gap among old and new, western and post-Soviet rivals. \"2013 is a test-case for the rest of the decade,\" said a diplomat caught in the middle. \"France has been hawkish so far,\" the diplomat said, referring to the country\'s demands on budget cuts. \"Francois Hollande could undo that a bit were he to win the decisive round in the presidential election, but I\'m not so sure he would be able to change track,\" this negotiator added. In the first skirmishes earlier in the spring, before a Commission forecast of an earlier-than-anticipated pick-up in the economy next year, EU budget commissioner Janusz Lewandowski was working off projections based on 2.0-percent annual inflation. Already on that basis the 129-billion-euro 2012 budget would translate into 142.5 billion in 2017, producing an overall outlay of more than a trillion euros between now and the end of the decade.

arabstoday
arabstoday

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 battle over eu budget turns ugly Arab Today, arab today battle over eu budget turns ugly

 



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 battle over eu budget turns ugly Arab Today, arab today battle over eu budget turns ugly

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Taxi! Transport gets an overhaul

GMT 12:09 2017 Sunday ,24 September

Taxi! Transport gets an overhaul
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 Turkey warns of 'security' steps

GMT 12:17 2017 Sunday ,24 September

Turkey warns of 'security' steps
Arab Today, arab today North Korea 'more opaque'

GMT 10:50 2017 Sunday ,24 September

North Korea 'more opaque'
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Conditions growing dire    

GMT 09:22 2017 Monday ,25 September

Conditions growing dire    
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 Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Carmakers face billions in European

GMT 12:37 2017 Saturday ,23 September

Carmakers face billions in European
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Psychologists help Mexico deal

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 20:10 2017 Saturday ,23 September

Big Western brands polluting oceans

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:11 2017 Saturday ,23 September

Doctor provides advices to families

GMT 13:36 2017 Saturday ,23 September

unveils Joon - the 'millenials' airline

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
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