9 Countries Get Deadline Extension by Sept 2015 for Extra Payments to EU Budget
Monday, 10 November 2014
The nine EU countries which were supposed to make extra contributions to the EU budget by December 1, 2014, were granted a postponement by September 1, 2015 on Friday.
Friday’s decision of the finance and economy ministers of the 28 EU Member States stipulated an opportunity for making the payments in installments.
Bulgaria’s additional contribution to the EU budget amounts to 7 million euros, according to reports of the Bulgarian National Radio.
Speaking after a meeting of the Economic and Financial Affairs Council, EU Budget Commissioner Kristalina Georgieva informed that the UK would have to make an extra payment of around 1 billion euros.