Brussels, 31/01/2002 (Agence Europe) - The Commission is proposing to earmark a total of EUR 25,567 billion to regional policy in new Member States from 2004 to 2006, which would be the equivalent of 2.5% of their GDP on average by 2006. This funding would gradually increase from EUR 7,067 billion in 2004, to EUR 8.15 billion in 2005 and EUR 10.35 billion in 2006. All these figures are given for commitment credits on the assumption that 10 new Member States join the EU in 2004.
The...