EU budget commissioner Kristalina Georgieva announced on Wednesday (12 November) a proposal which will allow countries like the UK and the Netherlands more time to pay their EU bills.
The proposal will give them more flexibility on top-up contributions which result from adjustments of their gross national income (GNI).
The Netherlands and the UK were hit with an "unprecedented" adjustment of their EU payments.
The total amount of budget corrections were as high as €9.5 bill...
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