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Europe Daily Bulletin No. 11193

8 November 2014
INSTITUTIONAL / (ae) budget 2014
United Kingdom to pay its €2.1 billion in instalments

Brussels, 07/11/2014 (Agence Europe) - At the Ecofin Council of Friday 7 November, a political agreement in principle was reached to revise European regulation 1150/2010 on the own resources, to allow the United Kingdom to pay its surcharge of €2.1 billion it has been asked to contribute to the 2014 budget in instalments, free of late-payment interest. London will be able to spread the payment of its top-up, the result of a revision of the contributions based on gross national income...

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