The EU's draft budget for 2013, presented today by the Commission, has proposed a 6.8 per cent increase in the level of payments in a direct contribution to growth and jobs in Europe.
This "reflects the European Council's statements that growth and employment in the EU can only be achieved by combining fiscal consolidation and investment into future growth," the Commission said.
The draft budget 2013 freezes the Commission's administrative budget at well below inflation level, while...
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