A Green European Budget
A crucial summit this week, aimed at securing a deal on the EU budget for 2014-2020, has become surrounded by concerns about looming vetoes by member states. But such talk risks drowning out the European Commission’s more important proposal: to commit 20% of EU spending – whatever the budget's size – to green and low-carbon growth.
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PARIS – However predictable the difficult negotiations that accompany European politics may seem to be, in the end they seldom fail to surprise. A crucial European Union summit aimed at securing a deal on the EU budget for 2014-2020, the so-called multi-annual financial framework (MFF), will take place later this week, and the mood music surrounding it has been intense, to say the least.