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Image header Agence Europe
Europe Daily Bulletin No. 10414
Contents Publication in full By article 17 / 38
GENERAL NEWS / (ae) eu/budget

Member states agree to 2% rise in 2012 funding

Brussels, 07/07/2011 (Agence Europe) - An agreement was found on Thursday 7 July at the level of Coreper (EU Permanent Representatives' Committee) to reduce the Commission's proposal on the EU budget for 2012 by €3.6 billion in payment appropriations. The Council is at this stage going for payment appropriations of €129.09 billion, i.e. a rise of 2.02% compared to the 2011 budget (the Commission had suggested a rise of 4.9% in payment appropriations). Member states have fixed commitment...

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