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Europe Daily Bulletin No. 8610

19 December 2003
Contents Publication in full By article 20 / 42
GENERAL NEWS / (eu) ep/budget
Consensual adoption of austerity budget for 2004, at 0.98% of GNI in 25-member Europe - Link with debate on forthcoming financial perspectives - Schreyer criticises Verheugen's support to Letter of Six

Strasbourg, 18/12/2003 (Agence Europe) - In 2004, the 25-member European Union will have a budget of EUR 111.3 billion in commitment appropriations (CA) and EUR 99.72 billion in payment appropriations (PA). This "austerity budget", as Rapporteur Jan Mülder (ELDR) put it, will only reach 0.98% of the Gross National Income (GNI) of the Community, whereas the framework of financial perspective allows it to go up to 1.10%. The PA are therefore EUR 11.8 billion below what the financial...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
SUPPLEMENT