EUROPEAN UNION PARLIAMENT EXTENDED SESSIONS FOR THE REQUIRED AGREEMENT ON FISCAL BUDGET HAVE CONTINUED, INSPITE OF REPEATED DISAGREEMENT OF THE EUROPEAN UNION LEADERS

EUROPEAN UNION PARLIAMENT EXTENDED SESSIONS FOR THE REQUIRED AGREEMENT ON FISCAL BUDGET HAVE CONTINUED, INSPITE OF REPEATED DISAGREEMENT OF THE EUROPEAN UNION LEADERS.

       Extended sessions for the required agreement on fiscal budget untill the year 2020 have continued in the European Union Parliament debates being held since early morning today in Brussels after repeated disagreement of the European Union leaders against the allocated European Union budget in the sum of nine hundred and sixty billion euros. However, further details on whether the allocated budget would be for the European Union government with the elected, or nominated representatives from various member countries, or for the reallocation to the member countries remains unknown. Other issues that requires clarification entailed the sources of the budget  with unequal contributions from the Northern and Southern European Union member countries which Germany, France and Britain have been expected to contribute the lion share. Some sources have emphasized the fact that the available sum of the allocated budget has been set at the amount of nine hundred and eight billion euros.

                                              Written by Professor Godfrey Ohia.