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Europe Daily Bulletin No. 8246

3 July 2002
GENERAL NEWS / (eu) eu/budget 2003
Budgetary committee advises moderate increase in payment loans, as well as rigour on administrative spending

Brussels, 02/07/2002 (Agence Europe) - In the framework of the preparation for the first reading by the Council on the draft budget for 2003 (to take place on 18 July in Brussels), the Council's Budgetary Committee agreed on the need to moderately increase payment credits (+1.36% compared to the budget for 2002, as opposed to the +2.7% in the Commission's preliminary draft, by making cuts in the following areas: agriculture (EUR-288 with a cut of EUR 275 in the most important chapters);...

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THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION