EU Countries, European Parliament Agree on 2015 Budget

Politics » BULGARIA IN EU | December 9, 2014, Tuesday // 17:17
Bulgaria: EU Countries, European Parliament Agree on 2015 Budget Photo by EPA/BGNES

The European Parliament and the EU Member States have reached preliminary agreement on the EU 2015 budget.

The compromised reached between the two sides sets the total payments in 2015 at EUR 141.2 B, with total commitments amounting to EUR 145.3 B.

To remedy damages caused by natural disasters payments of a total amount of EUR 126.7 B are mobilized under the EU solidarity fund to the benefit of Serbia (EUR 60.2 M), Slovenia (EUR 18.4 M), Croatia (EUR 17.6 M), Italy (EUR16.3 M), Bulgaria (EUR 10.5 M) and Greece (EUR 3.7 M), according to a media statement of the Council of the European Union.

The EU 2015 budget, as well as the pending draft amendment budgets for 2014, is expected to be conclusively approved by the Council on Friday and by the EP next week, according to the Bulgarian National Radio.

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Tags: EU funding, EU budget, European parliament, EU member states, European Solidarity Fund

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