‘European budget: infrastructure projects abandoned’

Published on 11 February 2013 at 10:30

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For the first time in its history, Europe has adopted a downsized budget. Programmes aimed at developing the digital and energy future of the Union have been pruned in order to cut spending.
The EU budget agreement for the 2014-2020 period will continue to finance the Common Agriculture Policy (CAP) and Cohesion Funds for less developed regions of the EU, while slashing spending on projects to nurture growth and administration.

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