Addressing participants at the 7th Cohesion Forum on Tuesday 27 June, the Commissioner for the Budget, Günter Oettinger, stated that the post-2020 Multiannual Financial Framework was likely to suffer from a €20 billion shortfall compared to the current budget.
Cutting to the chase, the Commissioner exclaimed that, “I can now tell you that we will be proposing cuts and transfers because it is only by doing this that we can be a credible European Commission”.
On Wednesday 28 June, Mr...