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12/7/05

A fairer and more modern budget for a stronger and more prosperous Europe

Turkish Daily News

"A fairer and more modern budget for a stronger and more prosperous Europe
Wednesday, December 7, 2005

Jack Straw

1.Today European foreign ministers will gather in Brussels for a first discussion of the new budget proposals tabled by the UK Presidency for funding the European Union in the next financial period, 2007-13.

2. These proposals replace the budget tabled at the European Council in June by the Luxembourg Presidency. That budget was unrealistic; it was too expensive and made no attempt to address the challenge of globalisation. Five member states � including the largest net contributors to the budget � rejected it."

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