EUROPEAN COMMISSION DAILY NEWS – 15 APRIL

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EUROPEAN COMMISSION DAILY NEWS - 15 APRIL
15 Apr 2015

EUROPEAN COMMISSION DAILY NEWS – 15 APRIL

Brussels Daily

Member States pay less for the 2015 EU budget

Member States will have their contributions to the 2015 EU budget reduced by a total of €1.4 billion thanks to last minute extra income received in 2014. It comes mainly from competition fines and higher amounts of customs duties collected on imports from outside the EU.  This will result in more money which national treasuries can allocate to national projects, while activities funded through the EU budget will not be impacted. This comes under one of the proposals to amend the 2015 EU budget which the European Commission presented on 15 April (“Draft Amending Budget 3“). The other proposal (“Draft Amending Budget 4“) makes it possible for Bulgaria, Italy and Romania to receive the 66.5 million euro of EU help under the EU Solidarity Fund announced last week. The aid aims to partially cover the emergency costs incurred following the 2014 floods. Further information is available online.

EUROSTAT: Euro area international trade in goods surplus €20.3 bn – €3.4 bn surplus for EU28

The first estimate for euro area (EA19) exports of goods to the rest of the world in February 2015 was €160.7 billion, an increase of 4% compared with February 2014 (€154.4 bn). Imports from the rest of the world stood at €140.5 bn, nearly stable compared with February 2014 (€140.0 bn). As a result, the euro area recorded a €20.3 bn surplus in trade in goods with the rest of the world in February 2015, compared with +€14.4 in February 2014. Intra-euro area trade rose to €135.9 bn in February 2015, +1% compared with February 2014. A press release is available online. 

Read full edition: Daily News 15 – 04 – 2015

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