Courtesy of Open Europe a draft of the latest HermanVan Rompuy (HvR) proposal for the EU budget has been published.
The headline spending figure
remains broadly unchanged in the new proposal, standing at €1,014BN (a €4BN
increase), but more is spent on farm subsidies and structural funds, in a
move designed to appease France, Poland, Italy and Spain.
Thus the budget in its present form will not pass, as the UK will veto it.