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MEPs got €4 billion extra for their favoured policies (Photo: European Commission)

MEPs and member states clinch €4 billion budget deal

Member states and MEPs clinched a €4 billion deal on the EU's 2007-2013 budget shortly before midnight on Tuesday (4 April) in Strasbourg.

Member states gave €2 billion of "new money" on top of the €862.4 billion agreed in December, while another €2 billion was shuffled around within the accounts system to raise funds for MEP-favoured policies.

The €2 billion gained in the shuffle consists of €1.5 billion from moving emergency aid funding outside the formal budget structure and ...

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Author Bio

Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

MEPs got €4 billion extra for their favoured policies (Photo: European Commission)

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Author Bio

Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

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