Brussels, 28/05/2014 (Agence Europe) - In order to meet its legal obligations, the Commission suggested on Wednesday 28 May that the level of payment appropriations in the EU's budget for 2014 be raised by €4.738 billion. In its publication of amending budget No.3 for 2014, the Commission hopes to be able to meet the increased cohesion policy payment demands from the member states and the difficult situation in Ukraine.
The Commission is proposing to use unallocated margins under the...