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Monday, 04 January 2010

Parliament adopts EU budget for 2010

Parliament on Thursday adopted the final EU budget for 2010, which will be €141.4 billion in commitments and €122.9 billion in payments. The main challenge for this year's budget was to find the funding for the already agreed but not yet financed economic recovery plan, which will cost the EU €2.4 billion. The 2010 budget is the last one agreed under the Nice Treaty rules. The payments figure represents 1.04% of EU gross national income (GNI).

Source: European Parliament