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Europe Daily Bulletin No. 8704

12 May 2004
Contents Publication in full By article 12 / 37
GENERAL NEWS / (eu) eu/budget 2004
Member States' contributions are reduced by EUR 5.47 billion, given budgetary surplus in 2003

Brussels, 11/05/2004 (Agence Europe) - At a proposal by Commissioner Michaele Schreyer, the European Commission is to adopt on Wednesday a proposal for a correcting budget on the 2003 surplus estimated at EUR 5.4 billion to be paid back to the Member States. The Commission has in concrete terms suggested reducing the contribution by Member States by as much for the current budget (2004). The EUR 5.4 billion come partly from the Community funds that were not spent in 2003 (mainly structural...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION