Brussels, 09/11/2007 (Agence Europe) - On 7 November, the European Commission adopted its 7th preliminary draft amending budget (PDAB), reducing payment appropriations for the current year, the 2007 budget, by €1.25bn. The PDAB also budgets the substantial increase in the forecast of revenue (VAT and gross national income balances) by €3.23m).
The Commission is proposing to adjust the payment appropriations for several budget lines to align them more closely with the latest estimates of...