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European integration is growing more complicated
by the day. This glossary explains the meaning of some of the more
important words and phrases.
If you have any additions or amendments to suggest to
the definitions or the links, please e-mail them to glossary@federalunion.org.uk.
B
Berlin
Wall - remembered as a symbol of the
division of Europe during the Cold War. It finally came down on
9 November 1989.
budget - the
European
Union spends about £60 bn each year, and the average net
contribution from Britain is about £30 per person per year.
The budget is limited to no more than 1.27 per cent of EU GDP, which
is less than 3 per cent of all public spending within the EU.
About half of the budget is spent on the CAP:
the rest goes on such things as cohesion
projects, research and education programmes, environmental schemes
and overseas aid. An agreement on the size of the budget for the
period 2007-2013 was taken in December 2006, reducing it to 1.05
per cent of GDP; it is a decision taken by the European
Council by unanimity.
(more
information)
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