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Lewandowski (l) and Mavroyiannis after the talks on Friday (Photo: consilium.europa.eu)

EU budget on the brink after talks collapse

Negotiators on Friday (9 November) could not reach agreement on how to fund a €9 billion shortfall in 2012 EU spending, let alone on the full 2013 budget.

The European Commission tabled the €9 billion top-up request in October in order to keep up payments for flagship EU policies such as the Erasmus student-exchange programme and the European Social Fund, which compensates redundant workers.

But MEPs, ministers and EU officials could not agree on where to find the "emergency" mo...

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

Lewandowski (l) and Mavroyiannis after the talks on Friday (Photo: consilium.europa.eu)

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

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