The European Commission on Wednesday unveiled what it called “a small budget with a big punch” for the EU for next year, as officials sought to justify new spending to deal with foreign policy crises.
While the broad outlines of the EU budget have already been determined for the 2014-2020 period, the annual budget allows wiggle room for certain priorities. For its €153.5 billion proposal for 2016, which must be approved by Parliament and EU countries, the Commission took pains to point out that it is shifting more resources to crisis issues, like the migration problem in the Mediterranean and conflicts …read more
Source: European Voice
