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The EU has ways out of its budget trap
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NEWSDECK ANALYSIS
The European Union's budget negotiations are often complex and contentious, with member states having differing priorities and financial commitments. The EU's multi-annual financial framework, which sets out its budget for a seven-year period, requires consensus among member states, making negotiations challenging. Alternative financial mechanisms, such as side agreements and special purpose funds, have been used in the past to facilitate cooperation and progress on key initiatives.
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FT UK
The EU has ways out of its budget trap
Side agreements and special purpose funds could bypass the usual trench warfare
12 Jul, 04:00
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