The European Commission has presented revised spending plans in a bid to broker an 11th-hour deal between MEPs and ministers on the bloc’s 2015 budget.
The new draft budget announced on Friday (28 November) by the EU executive foresees €145.2 billion in commitments and €141.3 billion in payments, slightly lower than the commission’s original proposal, but still a 0.7 percent increase on spending in 2014.
In a statement, budget commissioner Kristalina Georgieva said the new plan is...
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