Thursday

29th Sep 2016

Ticker

EU states agree on 2017 draft budget

EU ambassadors have agreed a draft EU budget for 2017 proposed by the Slovak presidency with €156.38 billion in commitments - a 0.9 percent increase from this year - and €133.79 billion in payments - a 7.0 percent decrease. Reduction of payments is due to the end of previous programmes while new programmes are not all fully implemented. Ministers will adopt the budget in September.

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