The long battle to agree the EU's budget for the period starting in 2007 begins Wednesday (28 October) when the European Commission will hold a seminar on the issue.
The purpose of the seminar will be to produce a communication by late-November, setting out how the future budget should be structured. This should lead to a proposal in May or June 2004.
This will then have to be agreed by the European Council and the European Parliament in an "inter-institutional agreement" and it...
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