About: British rebate

Future EU 12-07-2005

Financial Perspective 2007-2013

The UK presidency made an 864 billion euro deal at the EU summit in  December 2005, which Parliament then managed to top up with an extra 4 billion euros on 4 April. This political agreement is set to get a final green light on 17 May.      The overall budget deal, reached in the early hours of 17 December, raised the 2007-2013 budget to 862.3 billion euros, or 1.045 percent of EU Gross National Income. Compared to the Luxembourg June 2005 compromise it is still a decrease of 22 billion euros.

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