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European Commission Welcomes the Adoption of the EU's Long-Term Budget for 2021-2027

|Proposed Changes|European Union
European Union

The European Commission has issued a release welcoming the adoption of the EU's long-term budget for 2021-2027 and the approval of the new Own Resources Decision by the European Council, which now requires ratification by the Member States. In order to help repay borrowing, the budget Q&A notes the new own resources that are planned to be introduced to complement Member States' contributi…

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