Brussels, 14/07/2004 (Agence Europe) - On Wednesday the Commission adopted the proposal, Budget Commissioner Michaele Schreyer which introduces a generalised correction mechanism for the financial perspectives 2007-13. The British rebate will be phased out between 2008-11. The initial proposal was slightly adapted in favour of the United Kingdom but was rejected, all the same, by Neil Kinnock and Chris Patten. London immediately reacted saying that it intended to fight against the...