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Somewhere, not at this URL, people are exchanging arguments about the prudence of this amount to be distributed among EC "portfolios" as well as appropriations requested by EU states' legislatures to fund it.

Diversity is the key to economic and political evolution.
by Cat on Wed Oct 23rd, 2019 at 07:26:15 PM EST
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It's pretty small compared to the US Federal Budget of $4.4 Trillion for 2019 - in fact only about 4% of the US Budget... but then the EU doesn't have to fund the arms industry.

Index of Frank's Diaries
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Wed Oct 23rd, 2019 at 10:01:29 PM EST
[ Parent ]
Draghi's farewell demand: the eurozone budget
"EU grandees send Draghi to 'euro pantheon'"

Diversity is the key to economic and political evolution.
by Cat on Fri Oct 25th, 2019 at 03:36:18 AM EST
[ Parent ]
The future of the euro area economy, Lagarde, 22 Nov
Resilience and rebalancing: "Good institutions exist to ensure that people are not forced into actions that are rational at the individual level but self-defeating collectively."
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Caption Contest Call for "memes" featuring (a) Keynesian (b) circular (c) liquidity (d) QE or (e) stim-pak by any other name

Diversity is the key to economic and political evolution.
by Cat on Sat Nov 23rd, 2019 at 12:58:45 AM EST
[ Parent ]

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