Poland could get €72.4bn in structural funds from the EU between 2014 and 2020, according to Polish media reports. Poland, Romania and Slovakia were reportedly the biggest beneficiaries of the new EU budget proposal for 2014-2020, which was discussed at Thursday’s summit in Brussels.
European leaders failed to reach an agreement on the budget proposal. Negotiations are expected to resume today. The budget must be approved by the end of next year.
“Our main instrument to invest in growth and jobs is the European budget,” said the president of the European Commission, Jose Manuel Barroso. “Some people say ‘let’s cut!’ and then pretend it doesn’t make any difference. But a little difference in the EU budget makes a massive difference for the people who depend on EU programs.”
Spending cuts in the 2014-2020 proposal are at the same level as the 2007-2013 budget.
