Euro-Parliament wants fresh negotiations on bloc's budget
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The European Parliament on Wednesday called for a fresh negotiation of a contested European Union budget for the rest of the decade that was agreed by leaders at a summit last month.
MEPs voted 506 in favour and 161 against with 23 abstentions on a resolution that sought changes, including greater flexibility from one year to another, to the budget for the period between 2014 and 2020.
Leaders agreed at a February summit to limit payments mabe by the EU to 908.4 billion euros ($1.2 trillion), with an absolute ceiling of 960 billion for spending "commitments." The budget as it stands sees a first-ever cut in spending for the post-WWII bloc.
But a resolution backed by the major political parties rejected the sums decided by national leaders, saying they tied the Union's hands behind its back for the next seven years and "cannot be accepted unless certain essential conditions" are met.
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