| Author (Corporate) | European Commission: Press and Communication Service |
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| Series Title | Press Release |
| Series Details | IP/05/489 (27.4.05) |
| Publication Date | 27/04/2005 |
| Content Type | News |
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The European Commission on 27 April 2005 adopted a proposal for the European Union's budget 2006. To manage the expenditures for 2006 the Commission proposed an amount of €112.6 billion. This corresponded to 1.02% of the Union's Gross National Income (GNI) and was an increase of 6% on the 2005 budget. The proposed commitments amounted to EUR 121.3 billion, or 1.09% of EU GNI and represented an increase of 4%. According to the proposal more than one third of the budget was to be devoted to stimulating economic growth and creating more and better jobs. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/05/489&format=HTML&aged=0&language=EN&guiLanguage=en |
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| Subject Categories | Economic and Financial Affairs |
| Countries / Regions | Europe |
