Lord Grenfell
Main Page: Lord Grenfell (Labour - Life peer)Department Debates - View all Lord Grenfell's debates with the HM Treasury
(14 years, 1 month ago)
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Lord Grenfell
Does the increase proposed in the European Union budget violate the current financial framework or is it within the limits that were set?
Lord Sassoon
At the moment, the proposals floating around sit within the various statutory limits for Europe. However, just because those statutory limits are set at some theoretical level, that does not mean that it is at all appropriate in the view of the Government for people to go around suggesting 6 per cent increases in the budget next year or anything remotely like it. At a time when the UK and many other members of the EU are tightening their belts appropriately, the EU budget should do the same.