EU EXPECTED TO SET EURO 960 BUDGET TO 2020 – UTILITIES CAN BID FOR MONEY
April 1st, 2013
THE EUROPEAN Union’s (EU) long term budget for 2014-2020 (called the multiannual financial framework (MFF) in Brussels’ famously complex jargon) is currently in limbo following a vote by the European Parliament last month (March) to reject the deal. The political deadlock is not likely to last, nor are the actual figures, agreed by EU heads of government in February, likely to be much changed, though. We can assume that within the next few months a figure of something like Euro EUR960 billion (GBP812 billlion) – a reduction of 3.3% from last year on an ...
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