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  Topic: Victory for David Cameron as EU
budget faces cuts for first
time in history
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Victory for David Cameron as EU
budget faces cuts for first
time in history

Telegraph [UK], by Bruno Waterfield, James Kirkup

Original Article

Posted By:Attercliffe, 2/8/2013 4:25:54 AM

Proposals tabled early on Friday morning for Brussels budgets for the period 2014 to 2020 would slash the EU´s spending by £30 billion between 2014 and 2020 compared to current levels of spending. The historic cuts package tabled by Herman Van Rompuy, the EU president, after a bitter battle between the Prime Minister and François Hollande, the French President, could save the British taxpayer up to £500 million a year. A "negotiating box" was tabled at 6.30am on Friday morning and the first ever deal that reduces EU expenditure was close to agreement after Angela Merkel, the German Chancellor

  

Post Reply  

Reply 1 - Posted by: Trigger2, 2/8/2013 6:46:28 AM     (No. 9165047)

I´ve no doubt whatsoever that EU budgets follow the US model - automatic 8% increases each and every year. So that so-called savings of L30 Billion isn´t even a cut at all.



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