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9/12/07

Forbes.com: Barroso Launches Debate on EU Spending - by Constant Brand

For the complete report from Forbes.com click on this link

Barroso Launches Debate on EU Spending - by Constant Brand

European Union chief Jose Manuel Barroso on Wednesday launched a widespread "no-taboos" debate on overhauling how the 27-nation bloc spends its multibillion-euro budget and whether the EU should scrap millions in farm subsidies. The European Commission president said every EU spending plan was up for review, including the most politically sensitive, so-called Common Agricultural Policy, which for more than 50 years has dominated EU expenditures.

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