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Image header Agence Europe
Europe Daily Bulletin No. 8601
Contents Publication in full By article 33 / 40
GENERAL NEWS / (eu) ep/budget

Green light for EUR 4 billion cut in Member States' contributions in 2003 or 2004

Brussels, 08/12/2003 (Agence Europe) - Adopting the report by Göran Färm (PES, Sweden) on Thursday, the EP approved without amendment the cancelling of EUR 5 billion in credit payments from the 2003 budget. These credits are sums from the 1994-1999 Structural Funds which it was not possible to implement within the given time frame. Member States' contributions will be reduced by the same amount in either 2003 or 2004 (they may choose the year). This was agreed with the Member States during...

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