EU budget 2012 to be trimmed

24 2011

EU budget 2012 to be trimmed

View 344.9K

word 232 read time 1 minute, 9 Seconds

On 25 July, the Council adopted its position on the 2012 budget of the European Union. It takes due account of the difficult economic situation in many EU countries which have taken serious austerity measures.

The Council reduces the expenditure increase of 4.9 % proposed by the Commission to 2.02 % compared to 2011. With an expected inflation rate of 2 %, this amounts to a budget freeze in real terms. After thorough examination of past budget implementation, the Council decreased payments by a total of 3.65 billion euros.

In spite of this strengthened approach, the Council gives much importance to the financing of the EU’s priorities, such as measures to tackle the effects of the crisis and to promote jobs and growth as well as rural development.

To set a good example, the Council wants to limit increases in total EU administrative spending (buildings, maintenance, meetings, salaries) to 0.5 %. At the same time, the Council cuts its own administrative expenditure by 5.45 % compared to the current financial year. Total EU administrative expenditure represents about 6 % of the EU budget.

The Council’s position serves as a mandate to the Polish presidency for negotiations with the European Parliament, which is expected to adopt its position at the end of October. If the Parliament cannot accept the Council’s position, a three-week conciliation process will begin on 1 November.

More information:
Council calls for a tight 2012 EU budget (pdf)

Photo © Fotolia

Source by Europe

LSNN is an independent publisher that relies on reader support. We disclose the reality of the facts, after careful observations of the contents rigorously taken from direct sources. LSNN is the longest-lived portal in the world, thanks to the commitment we dedicate to the promotion of authors and the value given to important topics such as ideas, human rights, art, creativity, the environment, entertainment, Welfare, Minori, on the side of freedom of expression in the world «make us a team» and we want you to know that you are precious!

Dissemination* is the key to our success, and we've been doing it well since 1999. Transparent communication and targeted action have been the pillars of our success. Effective communication, action aimed at exclusive promotion, has made artists, ideas and important projects take off. Our commitment to maintain LSNN is enormous and your contribution is crucial, to continue growing together as a true team. Exclusive and valuable contents are our daily bread. Let us know you are with us! This is the wallet to contribute.

*Dissemination is the process of making scientific and technical information accessible to a non-specialist public. This can come through various forms, such as books, articles, lectures, television programs and science shows.

Similar Articles / EU budge...trimmed
01 gen 1970
from: ladysilvia
by: Europe
from: ladysilvia
by: rosario_tiso
from: ladysilvia
from: ladysilvia
by: rosario_tiso
from: ladysilvia
by: rosario_tiso