A new proposal tabled by Sweden and the Netherlands aims to reduce future EU funding by cutting funds to poorer regions of the current 15 Member States.
The idea was proposed at an informal meeting of finance ministers over the weekend and would go some way to easing concerns of net contributors to the EU budget that they are being asked to pay too much into the Union's coffers.
Sweden and the Netherlands are two of the six countries - along with the UK, France, Germany and Austr...
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