MEPs have agreed to a 5 percent cut to EU spending in 2014, as the bloc scrambles to get its books in order in time for the next seven year budgetary cycle.
Deputies in the Strasbourg Parliament voted on Wednesday (23 October) to cut EU spending by more than €8 billion to €142.6 billion in 2014, down from €150.8 billion in 2013.
All budget headings, apart from administration, which covers the costs of the EU institutions, are set to be cut. However, EU cohesion funds, which includ...
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Already a member? Login hereBenjamin 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.
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.