Sabato, 20 Ottobre 2018
BRUSSELS

'Satisfied' Monti says Italy's EU net contribution cut

English
© ANSA

Brussels, February 8 - Italian Premier Mario Monti
said Friday's deal on the EU's budget for the next seven years
was "satisfying" because it featured a "very significant
improvement" in Italy's contributions.
He said Italy's net contribution - the difference between
what it pays into the bloc and receives from it - will be 3.8
billion euros for the 2014-2020 period.
The net contribution was 4.5 billion in the 2007-2013
period, although it reached six billion in 2011, when Italy was
the biggest contributor to the EU budget in relation to the size
of its gross domestic product.
"We negotiated very hard," said Monti.
"I think it's a significant, concrete start towards a
reversal of the trend, but there will certainly be further
battles".
European leaders agreed to set a new budget ceiling of 960
billion euros, down from 1.03 trillion euros, in the first-ever
reduction to the EU's multi-annual budget.

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