If the proposed EU budget for 2007-2013 is accepted, then Union expenditures will gradually increase by one third to reach EUR 150 billion annually
Published:
12 February 2004 y., Thursday
If the proposed EU budget for 2007-2013 is accepted, then Union expenditures will gradually increase by one third to reach EUR 150 billion annually.
The major beneficiary of this move will be Poland, which would receive between EUR 75-80 billion over the six year period. The largest amount would be designated for the modernization of the economy within structural funds, which value could top EUR 10 billion annually. Such proposals were presented on Tuesday by the European Commission in Strasbourg, which means that it ignored demands of the largest net payers into the Common budget. Additional money would be necessary for modernizing the infrastructures in Central Europe and accepting Romania and Bulgaria into the EU soon. (Rzeczpospolita, pp. A1, B2)
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