Tag: Janusz Lewandowski

• Thursday, November 14th 2013 - 21:39 UTC

  EU approves 2014 budget 7% lower; 62bn Euros to stimulate growth and jobs

  

  The European Union has clinched a deal on a sharply trimmed 2014 budget after a marathon 16-hour session ending a long dispute over how best to spend taxpayers' money. After decades of growth, next year's EU budget is set to be around 7% lower than this year's at 135.5 billion Euros in contributions by member states.