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EEC cutback
Page 6
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EEC EXPENDITURE on transport could be slashed next year as the hard-up Brussels authorities struggle to reduce their budget expenditure.
Finance Ministers from the 10 member countries wielded the axe this week when they agreed to put forward a budget for 1985 which cuts spending on transport policy by more than 30 per cent.
They want to reduce the transport section of the EEC budget to only 21.3m units of account (about £12.75m) compared to 33.7mua which has been approved for this year.
This means, for example, that the EEC Commission will have less cash available in 1985 to help fund major road improvements and finance research.
There are signs that MEPs, who have power to reject the Ministers' spending proposals, are in revolt over the cuts.
French MEP Jean-Pierre Cot, chairman of the Parliament's budget committee, described the 1985 spending plans as "detestable" and likely to arrest the development of the EEC.
In previous years MEPs have successfully resisted cutbacks and it is possible that a compromise will be found somewhere near 30mua (about £18m).