EXTENDED SESSIONS IN THE SECOND DEBATE HELD IN THE EUROPEAN UNION PARLIAMENT IN STRASSBURG OVER THE CONTROVERSIAL EUROPEAN UNION BUGDET AGREEMENT .

EXTENDED SESSIONS IN THE SECOND DEBATE HELD IN THE EUROPEAN UNION PARLIAMENT IN STRASSBURG OVER THE CONTROVERSIAL EUROPEAN UNION BUDGET AGREEMENT.

      Extended sessions in the second debate held in the European Union Parliament in Strassburg over the European Union controversial budget agreement for the next seven years has remained unresolved, despite the presence of all the delegates from the twenty seven European Union member countries. Details of the reasons for the failure of the meetings and for the second time have not been specified, However, the compromise being sought on the annual fix budget contributions for the suggested nine hundred sixty billion euros (E960 billion) European Union budget that should begin in the year 2014 untill the year 2020 has remained difficult. Some members have suggested the allocation of a European Union Saving Package for the budget that should not exceed the sum of six hundred fifty billion euros (E650 billion), instead of the requirement for contributions among the twenty seven European Union member countries, particularly those that have been financially strained by the European Union Austerity Measures and the governments Saving Plan Packages.

                                                       Written by Professor Godfrey Ohia.