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Image header Agence Europe
Europe Daily Bulletin No. 10718
Contents Publication in full By article 27 / 35
INSTITUTIONAL / (ae) budget

Denmark threatens veto if it does not have rebate

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...

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