E-PaperHerman Van Rompuy News
Petro Poroshenko reports Russian troop pullback as EU mulls sanctions
The Ukrainian President said 70% of Russia's troops have been recalled across the border
6 min read10 Sep 2014EU leaders close in on long-term budget deal
EU president, summit chair Herman Van Rompuy put new figures that will mean a €908.4 bn ceiling for actual payments between 2014 and 2020
2 min read8 Feb 2013EU’s Van Rompuy proposes budget compromise in tight talks
Proposal makes further cuts to long-term spending; differences remain between Britain, France over figures
4 min read8 Feb 2013EU donates Nobel money to children in war zones
Nobel Peace Prize money, plus a one million-euro top-up, will go to help 23,000 children in four projects
1 min read18 Dec 2012Nobel Peace Prize formally handed to EU
EU sees Nobel Peace Prize as spur to overcome economic crisis
2 min read10 Dec 2012EU’s trillion euro budget summit ends in failure
Divisions between have and have-not nations on how to spend the EU’s billions caused disagreements
2 min read24 Nov 2012EU leaders spar over budget as Cameron defends UK’s refunds
Political stakes dwarf economic significance of the proposed €1.033 trillion budget for 2014-2020
3 min read22 Nov 2012Europe advances towards single banking supervisor
EU officials say all 6,000 banks in the single currency area would come under ECB supervision by 2014
4 min read19 Oct 2012Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared