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EU Commission proposes to reduce Member States' GNI contributions to 2014 budget

The Commission proposed a technical update (draft amending budget 4) to the 2014 EU budget based on revised estimates of traditional own resources and the VAT/GNI based resources, plus the budgeting of fines.

Overall, Member States' contributions to the 2014 EU budget are reduced by some EUR 2 billion. The combined effect of draft amending budgets 2, 3 and 4 is an increase in the financing of EUR 105 million compared to the adopted initial 2014 budget.

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