Subscribe Register Login

Tuesday, September 16, 2014, 8:35 p.m.
Top Picks - Mobile App

EU lawmakers threaten to veto tightened budget

By The Associated Press

This article was published February 18, 2013 at 8:56 a.m.

— The leaders of the European Parliament are threatening to veto the bloc’s multi-annual budget because of its deep cuts.

The Christian Democratic EPP, the largest group in the legislature, said the seven-year budget worth $1.28 trillion must be revised to realistically reflect the EU’s growing competences and responsibilities.

Socialist leader Hannes Swoboda called the budget, which needs parliament’s approval, unacceptable and said there won’t be a majority for the proposed plan.

The EU’s 27 member states earlier this month agreed on a budget deal that foresees the first cuts in the bloc’s history for the years 2014-2020.

EU President Herman Van Rompuy defended the plan as shifting funds toward growth-friendly investment while recognizing the need to tighten belts currently felt across Europe.

Comments on: EU lawmakers threaten to veto tightened budget

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

Subscribe Register Login

You must login to make comments.

TOP JOBS

  • Full time sales person

    pine bluff and hot springs areas need one fulltime sales per...
    Pine Bluff, AR

  • Lpn

    Butterfield Trail Village is now accepting applications for:...
    FAYETTEVILLE, AR

  • Maintenance techs.

    maintenance technicianneeded immediately for high volume hea...
    CONWAY, AR

  • Pipewelder/fitterlab

    pipe welder/fitterlaboreropenings Available-Industrial Refri...
    RUSSELLVILLE, AR

  • Account executive sales and marketing

    account executive sales and marketing The Arkansas Democrat-...
    Little Rock, AR

Search 872 jobs >

Top Picks - Mobile App
Arkansas Online