The EU would have to halt multi-billion-euro payments to the bloc's poorest regions without an extra €11 billion for the EU budget, MEPs were told Monday (15 April).
Speaking at a hearing of the European Parliament's budget committee in Strasbourg, Polish budgets commissioner Janusz Lewandowski, admitted that the the commission had "cashflow problems" and would struggle to make cohesion payments in the second half of 2013.
According to figures distributed to MEPs in Strasbourg, th...
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Already a member? Login hereBenjamin 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.
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.