EU approves Euro 70 bln in rural development funds

EU

The EU's agriculture ministers have approved Euro 70 billion rural development funding for the next budget period between 2007 and 2013. The total amount of rural development subsidies has been significantly reduced from the initial proposal of Euro 89 billion at December's EU summit as part of cost-cutting efforts. The funds will be distributed among the current 25 EU member states, Romania and Bulgaria with regard to the latter's impending EU membership in 2007 or 2008. The regions entitled to development subsidies on the basis of the European convergence plan are to receive a combined amount of Euro 27.7 billion. The allocation of funds among the 27 countries is open to further debate. (Vg 4)

ADVERTISEMENT

European e-commerce soars during pandemic - study Analysis

European e-commerce soars during pandemic - study

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.