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Netherlands threatens to veto budget

25.10.12 @ 09:24

  1. By EUOBSERVER

Joining ranks with Britain, the Netherlands has said it will veto both the EU's 2013 budget and its longterm 2014-2020 budget if they are above what it considers acceptable. Finance minister Jan Kees de Jager Tuesday told MPs that the Commission's proposed €9bn hike for the 2013 budget was "unbelievable."