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Europe Daily Bulletin No. 8749

16 July 2004
Contents Publication in full By article 21 / 66
GENERAL NEWS / (eu) eu/budget 2005
Council expected to decide at first reading to reduce spending by at least 1% of EU's Gross National Income

Brussels, 15.07.2004 (Agence Europe) - The Finance and Budget Ministers of the EU Member States are expected to adopt on Friday at first reading a rigorous draft budget for 2005, reduced by EUR 4.3 billion in payment appropriations compared to the initial proposal by the European Commission. The Council meeting will be preceded around 11h00 by consultation with a delegation from the parliamentary committee on budgets. The meeting between two branches of budgetary authority should be heavily...

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THE DAY IN POLITICS
GENERAL NEWS
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