Brown Calls for Change of EU Budget

British Prime Minister, Gordon Brown, called today [20th Jan 2010] for an urgent review of the EU’s Budget, including its procurement and tendering process.

According to the PM ” Half of Britain’s international trade is with the EU. More than three million jobs depend on Europe.”

His plans were given in a joint press conference with the EU President Herman van Rompuy. In which it was stressed that with the correct economic strategy, there could be 15 million jobs created across the continent, whilst raising economic output by about 4%, or nearly €500 billion [£436 billion].

Further meetings have been arranged for February when more discussions will take place in order t review rules on State Aid, and procurement, in order for government to assist new industries.