Brussels, 21/10/2015 (Agence Europe) - On Monday 19 October, the European Commission adopted Draft Amending Budget number 8 for the 2015 tax year, foreseeing a €9.4 billion reduction in contributions based on gross national income (GNI).
When adopted, this legislation will allow member states' contributions to the EU budget for 2015 (assuming the draft amending budget is approved in October) or the 2016 budget (if the draft amending budget is enshrined in November or December) to be...