Van Rompuy trims spending plans for 2014-20 by €75bn

Reductions go €25bn further than Cypriot draft.
The way ahead

Herman Van Rompuy, the president of the European Council, has proposed reductions in the European Union’s multi-annual spending plan for 2014-20 that go beyond those proposed by Cyprus in previous versions – around €75 billion compared with €50bn proposed by Cyprus. 

Please log in to read this article:

Forgot your password? Click here

Don't have a login yet?

Register for free to read this article.
It only takes a minute.

REGISTER FOR FREE