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Tag: Expenditure

New members in EU funds spending frenzy - 13 February 2008 - News

Warnings by the Commission that countries having joined the Union in 2004 risked losing out on billions in EU funds unless they improved their absorption levels appear to have paid off, with the ten countries achieving record spending levels in 2007.

ECB says public spending should be cut - 26 March 2007 - News

A number of EU governments could slash their spending by more than a quarter and still provide top-quality public services, said a senior official at the European Central Bank, in what could be viewed as an incursion into member states' fiscal policy.

2005: EU remains a western farming club - 22 September 2006 - News

The EU remains first and foremost an organisation for funding farming in the 15 'old' member states, according to figures published on the bloc's 2005 budget. 

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