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April 21, 2011

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Eying EU budget rise

THE European Commission yesterday said it is seeking a 4.9 percent rise in next year's European Union budget at a time it is pushing national governments across the continent to make painful spending cuts of their own.

The EU executive arm said it is forced to demand an increase because of previous commitments made to programs like scientific research and economic development.

Last year, the approval of the 2011 budget turned into a battle of wills between UK and several other member states fighting to force through extra austerity in times of crisis. The EU parliament eventually approved a gain of 2.91 percent for 2011 after initially seeking a 6 percent rise.

EU Budget Commissioner Janusz Lewandowski insisted his hands were tied this year by previous promises in setting up his proposals.



 

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