Bulgaria Asked to Give 7 Milloin Euros More for EU's 2015 Budget
Monday, 27 October 2014
Sofia should transfer an additional 7 million euros installment to EU's budget, the EU Commission announced Friday.
The new estimates are based on a recently-adopted model which uses revenues from income tax and GDP growth to set the amount of money each member state should send to Brussels.
Ireland, Italy, Cyprus, Latvia, Malta, the Netherlands and even Greece (with 90 million euros in a) will also have to make fresh contributions as their economic development in 2014 was better than expected.
However, all their sums are small if compared to that of the UK, which not has to give 2.1 billion euros more, with the ruling provoking tensions between Brussels and London.