A budget that promotes growth?

The next long-term budget “must be a catalyst for growth and jobs across Europe”, EU leaders stressed in the conclusions of their summit last week. They decided to increase sub-heading 1a – ‘competitiveness for growth and jobs’ – by 37.3% against its level in the current long-term budget, the biggest increase both in absolute and relative terms of any heading or sub-heading in the new budget. 

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