Subscribe Register Login

Wednesday, August 27, 2014, 12:21 p.m.
Top Picks - Arkansas Daily Deal

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

  • Clinical liaison,lpn

    clinical liaison, lpn, ltc facility needs with good assessme...
    LITTLE ROCK, AR

  • Veterinary assist

    veterinary assistantall hours available. Weekends a must. Ap...
    NORTH LITTLE ROCK, AR

  • Airport manager

    City of El Dorado, ArkansasSouth Arkansas RegionalAirport, G...
    EL DORADO, AR

  • Director of engineering

    The City of Springdale's is currently accepting applications...
    SPRINGDALE, AR

  • Material handlers

    Ready? Set? GO! We take industrial staffing seriously. $10-...
    Little Rock, AR

Search 937 jobs >

Top Picks - Arkansas Daily Deal
Arkansas Online