There are 15 nations that do not want a smaller budget, including countries such as Portugal, Poland, Spain and Greece. This group has been dubbed the Friends of Cohesion, as it opposes cuts to the so-called Cohesion funds — which support members whose gross national income per inhabitant is less than 90% of the EU average.
Speaking in the Portuguese Parliament Tuesday, Prime Minister Antonio Costa called the later group "stingy." "It's absolutely high time to get the deal. If there is any further significant delay. It will have an impact on the start of the programs," Hahn said in reference to the EU projects that are due to receive funding by the end of the year.Ahead of the leaders' meeting Thursday, a preliminary proposal seen by CNBC, suggested an increase to 7 billion euros from 0.
Give us some happynews!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Exclusive: Vodafone, Telecom Italia offer rivals access to some sites to ease EU concerns - EU paperVodafone and Telekom Italia have offered to allow rivals access to sites in some... Vodafone India nears it's doom. Why? Explained in the video
Source: Reuters - 🏆 2. / 97 Read more »
No EU trade deal without fair competition guarantees: EU adviserThe European Union had flagged to Britain well in advance that any free trade de... It's a non statement really. We know we need fair competition but what does that constitute? Agreeing standards in areas where we wish to align or following all regulations passed by a foreign power in order to trade with a bloc that is shrinking relative to world GDP?
Source: Reuters - 🏆 2. / 97 Read more »
EU leaders to clash over money as Brexit blows hole in budgetEuropean Union leaders will clash this week over the EU's 2021-2027 budget ... Ruh-roh Hmm they don’t have one of their main pillars of funding to make their European empire function lesanglais ils sont fous ces anglais peut-être ze did not take zis into consideraçion? Quelle comédie...
Source: Reuters - 🏆 2. / 97 Read more »
EU leaders to clash over money as Brexit blows hole in budgetThe budget is the most tangible expression of key areas on which the EU members must focus over the next seven years and their willingness to stump up.
Source: trtworld - 🏆 101. / 63 Read more »
Brexit: EU to ask UK to return Elgin marbles to Greece in trade talks - Business InsiderThe EU will tell Britain to give back ancient marbles taken from Greece over 200 years ago as part of a post-Brexit trade deal Good luck with that. I’ve got an antique French turnip knife - I hope the don’t want that back as well 🤨 😂😂🤘
Source: BusinessInsider - 🏆 729. / 51 Read more »
David Frost: Johnson govt won't sign up to EU rules after Brexit - Business InsiderBoris Johnson's chief Brexit negotiator says Britain will never sign up to EU rules in a blunt warning to Brussels
Source: BusinessInsider - 🏆 729. / 51 Read more »