Saturday 10 November 2012

EU budget talks collapse

Talks to agree the EU’s 2013 budget have collapsed, after negotiators from the EU and member states were unable to agree on extra funding for 2012.
The EU Commission and European Parliament had asked for a budget rise of 6.8% in 2013, but most governments want to limit the rise to just 2.8%.
The juxtapose here is quite amusing, the EU are calling for a rise in funding at a time when most governments in Europe are outlining cut backs and austerity packages.
Furthermore where exactly is this extra 6.8% going to come from?
This is just another example of the EU unashamedly showing just how out of touch with reality they are, and it’s no surprise that their idiocy has steered this discussion onto the rocks.
An EU summit aimed at reaching a deal will be held on 22-23 November but unless there’s a drastic change in attitude the results will be exactly the same.      

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