Brussels, 26/06/2013 (Agence Europe) - On Wednesday 26 June, the European Commission published a draft European Union budget for 2014, recommending a 6% cut in spending on the 2013 budget.
The Commission suggests a total EU budget for 2014 of €142.01 billion in commitment appropriations and €135.9 billion in payment appropriations, equivalent to 1.05% of EU27 gross domestic income (GDI) for commitments (1.15% in 2013) and 1.01% in payments (1.1% in 2013).
EU Budget Commissioner Janusz...