Brussels, 25/10/2012 (Agence Europe) - Denmark's Prime Minister Helle Thorning Schmidt announced on Thursday 25 October that Denmark was ready to place its veto on a compromise on the multiannual financial framework 2014-2020 unless it were given a €150 million reduction per year on its contribution to the EU budget. Obtaining this rebate is a “red line” for the Danish government.
Denmark finds the system unjust. It does not see why it should contribute the most to the EU budget (its...