EU's new budget chief emollient over rebate
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The European Union's new budget commissioner took a conciliatory line towards Britain's cherished rebate on its EU cheque, denying that Brussels wanted a financial fight with any member state.
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The incoming European Commission president, Jose Manuel Barroso, is in a race against time to revamp his team of Commissioners, amid warnings that his own job could be on the line if he fails to pull off a swift deal.
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The embattled new EU Commission chief tells the BBC he might make several changes to his team.
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Dutch Finance Minister Gerrit Zalm has warned Britain&#39;s argument for keeping its 4.6 billion euro (3.1 billion pounds) annual rebate from the European Union was not sustainable, the Financial Times says.
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Since the new European Commission was unveiled last week by Jos Manuel Barroso, the Portuguese politician succeeding Romano Prodi in the presidency, the French government has insisted it was satisfied with the ...
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The European Union&#39;s top monetary official said Tuesday he was concerned over Italian budget deficit figures, only a week after Greece was challenged over alleged sloppy bookkeeping and possible underreporting of its deficit to present a rosy economic
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The European Commission was abuzz over a new commissioner on its first day in office Monday after learning he was convicted of embezzlement, the BBC reported.
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'Something must be done,' MEPs thunder Carousel and VAT fraud is far outstripping Europeans' traditional financial fiddles on EU funds, prompting MEPs to call on the European Commission to overhaul its anti-fraud operation to combat the problem.â¦
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Turkey&#39;s EU membership will open newhorizons for both Turkey and the European Union and bring forth newchallenges, visiting new EU commissioner Olli Rehn said on Wednesday.
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Incoming European Commission President Jose Manuel Barroso is to present to the European Parliament his new team of commissioners on Thursday.
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Incoming European Commission President Jose Manuel Barroso said Thursday that he would make &quot;selective changes&quot; in a new team that will submitted to the European Parliament in a month.
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The EU's new budget chief criticised calls by the bloc's richest states to limit EU spending to one percent of gross national income (GNI), saying it would not amount to a freeze but a big funding cut.
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The European Commission on Friday suggested ways of revamping the EUâs Stability and Growth Pact and said change was vital to restoring the credibility of its much-flouted budget discipline rules.
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The European Commission said it had adopted a plan to adapt eurozone rules intended to control budget deficits in order to improve the way they work and their credibility.
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BRUSSELS: Britain yesterday stuck to its guns in a battle to keep its rebate from EU coffers and led a charge by European paymasters to block a rise in the union&#39;s spending in 2007-2013.
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The European Commission proposes a partial relaxation of the eurozone's strict public spending rules.
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Chancellor Gordon Brown has defended the British rebate from the European Union and has also confirmed his objection to a harmonisation of corporate taxation.