April 22, 2008
The EMI can in no way approve that the total EU budget is equivalent to a miserly 1.045% of Member States’ GDP. At the same time as we have admitted 12 new member states with less-buoyant economic conditions, we have decided to reduce the budget from an acceptable 1.24% to the current tight-fisted 1.045%.
In parallel with this budgetary reduction, the Council is also talking about our capacity to absorb new members.
This is no way to build Europe.