EU finance ministers on Friday (7 November) extended until 1 September 2015 a deadline for contributions to the EU budget, given the "unusually" high corrections this year.
The corrections are made automatically each year when countries report their gross national income - with some member states getting money back, while others have to pay more.
EU budget commissioner Kristalina Georgieva will table a proposal in the coming weeks detailing the tweaks to the existing rules, which ...
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