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Governments ponder €50 billion EU budget cut

29.10.12 @ 09:27

  1. By EUOBSERVER

EU governments will open negotiations on the 2014-2020 budget cycle by pondering a €50 billion cut in EU spending. A discussion paper including the €50 billion figure has been circulated to national governments in advance of November's 'budget summit' in Brussels aimed at agreeing a mandate to negotiate with MEPs.

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