The European Commission has warned that it is running out of money again in the latest stand-off between the EU institutions over its unpaid bills.
The EU executive says that the bloc’s budget faces payment gaps worth €4.7 billion covering research and employment programmes, cohesion policy, and costs arising from the refugee crisis in Ukraine and Syria.
An autumn cash-flow crisis for the commission has become a perennial fixture in the EU calendar.
After repeatedly warning...
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