Brussels, 16/02/2005 (Agence Europe) - The European Statistics Office has reached a decision on how EU budget transfers are registered in national accounts in Member States. This will help ensure comparison of data between Member States. EU transfers should not have an impact on state deficits/surpluses despite chronological disparities between pre-funding measures taken by the public authorities and when the EU executes reimbursements.
When the beneficiary of a transfer from the EU budget...