The [EUROPEAN COMMISSION]
ByThe [EUROPEAN COMMISSION], the EU's executive arm, has stepped into
the debate about the [2011 BUDGET] in the hope of easing tensions between
the Parl and the EU Govts. The Commission released a draft budget earlier
today, which supported a 2.9% increase in funding compared to Parl's
request for a 6.2% rise. The EC's proposal matches the much more moderate
increase desired by the Govts that have been up in arms over the demands
from Parl. However, the EC has included a sweetener for Parl with the
draft including a clause intended to increase its negotiating power for
future budgets. The Commission is hopeful that the budget problems can be
resolved before the end of the year, and indeed would like a decision made
at the EU Summit on Dec 16
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