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The EU budget is a reflection of EU policies that must be reformed first, says Ms Grybauskaite (Photo: European Commission)

Brussels unveils old style budget for 2007

EU budget commissioner Dalia Grybauskaite has unveiled a draft budget for 2007 - the first annual finance plan under the bloc's 2007-2013 budget scheme, hotly disputed last year.

But the commissioner pointed out it is "one step [away] from being modern" with agriculture still getting the most EU money.

The concrete figures for the next year's budget are based on the financial ageement by the EU leaders last December, with slight modifications hammered out following recent negotia...

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The EU budget is a reflection of EU policies that must be reformed first, says Ms Grybauskaite (Photo: European Commission)

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