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Hollande - EU budget cuts 'must not weaken economy' (Photo: Francois Hollande)

Hollande ready to compromise on EU budget

Francois Hollande is ready to accept a cut in the EU budget provided that it does not weaken the European economy and protects the poorest countries, the French President told MEPs.

Speaking in Strasbourg on Tuesday (5 February), Hollande said his "position is to make savings but not weaken our economy."

He added that "the budget must continue the growth pact adopted in June and must support the most vulnerable Europeans", calling for Europe's poorest countries to have increased ...

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

Hollande - EU budget cuts 'must not weaken economy' (Photo: Francois Hollande)

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

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