Budget debate in EU pits large states vs. small
Article Abstract:
The European Union budget is at issue at a summit of the European Union leaders in Brussels over the next two days. The European Union wants 1.24 percent of gross domestic product from each country, while the big net contributors want to pay one percent of the gross domestic product, down from 1.11 percent. The difference of a 2007 budget is between 133.6 billion Euros and 108 billion Euros.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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EU leaders reach a new budget deal
Article Abstract:
European Union leaders have approved a new 862.4 billion Euros ($1.04 trillion) seven year budget, lifting a crisis of confidence. The ten newest countries, mostly Eastern European are to receive approximately 270 billion Euros. The issue of cutting agricultural-subsidies has been tabled until 2008 and could stall further trade talks.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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Belgacom wants to buy Vodafone's stake in unit
Article Abstract:
Belgacom S.A. of Belgium is eager to buy out Vodafone PLC of the United Kingdom for its 25 percent stake in cellular telephone subsidiary, Proximus. Belgacom shares are up because of buyout talk. The stake is valued at 1.4 billion Euros ($1.7 billion).
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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