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Europe Daily Bulletin No. 10486

1 November 2011
Contents Publication in full By article 11 / 28
GENERAL NEWS / (ae) eu/budget
Agricultural spending reduced by €88 million

Brussels, 31/10/2011 (Agence Europe) - Amending Letter No 3 to the draft budget for 2012, which relates to updating the estimated needs for agricultural spending, shows that commitment appropriations for agriculture expenditure amount to €44,092 million, €88 million less than the Commission's draft budget for 2012. This lower expenditure is mostly explained by higher than expected assigned revenue.

The amending letter shows that needs of intervention measures on agricultural markets are...

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