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Barroso wants to replace UK budget rebate with lump sum

04.07.11 @ 10:14

  1. By Lisbeth Kirk
  2. Lisbeth email

EU Commission President Jose Barroso wants to replace Britain's 1984-EU budget rebate with an up-front lump sum of of €25.2 billion from 2014-2020. In an article in The Sunday Times he wrote "almost nobody" understands the current system and it is time to "go back to the original principles".