18 December 2010
His Excellency Dr José Manuel Durão Barroso
President of the European Commission
Dear President Barroso
The next multiannual financial framework will come as Member States make extraordinary efforts to clean up public finances. These efforts are intended to bring down public deficits and public debt to a sustainable level in keeping with an enhanced fiscal and macroeconomic monitoring framework.
European public spending cannot be exempt from the considerable efforts...