The European Commission on Friday (28 November) presented a new proposal for the 2015 EU budget, after member states rejected it on 17 November. However, the new proposal is almost identical to the former one, and there is little chance that the institutions will come to an agreement. The Commission adopted a new draft budget for 2015. It foresees €145.2 billion in commitments (+1.8% on 2014) and €141.3 billion in payments (+0.7% on 2014. The formal proposals, which were rejected by member states, was of 145.6 in commitments and 142.1 in payments. But member states asked for the proposal to be slashed, even at the expense of key policy areas.
Image: Free Digital Photos
