Brussels, 22/03/2012 (Agence Europe) - During a major conference on Thursday 22 March on the next multiannual financial framework, representatives from the European Parliament and the European Commission sounded a note of warning against the adverse effects of a budget cut as proposed for the 2014-2020 period. The financial transaction tax (FTT) would allow the contributions of EU states to EU coffers to be reduced by 50%, Commission representatives said.
Martin Schulz, European Parliament...