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Image header Agence Europe
Europe Daily Bulletin No. 8608
GENERAL NEWS / (eu) eu/budget

Six countries request 1% ceiling on GNI for budget spending in next financial framework - livid Prodi gives his answer

Brussels, 16/12/2003 (Agence Europe) - The Heads of State and governments from France, Germany, United Kingdom, Netherlands, Sweden and Austria have explained in a letter sent on Monday to Romano Prodi that EU budget spending in the next financial periods "should not supersede 1% of Gross National Income (GNI), including agricultural spending within the limits of the ceiling set by the European Council in October 2002" (see above). This political manoeuvre should allow these countries (net...

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