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Extracts from the press conference by Janusz Lewandowski, on 2015 Draft Budget
On 11 June 2014, Janusz Lewandowski, Member of the EC in charge of Financial Programming and Budget described the EU's 2015 draft budget as adopted by the Commission (commitments: €145.6 billion; payments: €142.1 billion). The bulk of the commitments is for future projects that make Europe stronger economically whereas some 40% of the payments still cover EU funded projects from the 2007-2013 financial period. Also the Commission is proposing a further 1% reduction in its staff numbers, the third such cut in three years. The 2015 EU draft budget will help Europe's economic growth despite financial constraints. PHOTOSHOTLIST