Cyprus News Agency: News in English, 09-12-18

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From: The Cyprus News Agency at <http://www.cyna.org.cy>

CONTENTS

[01] HOUSE - STATE BUDGET

[02] EU - CMP - BUDGET

[01] HOUSE - STATE BUDGET

Thirty-three MPs from AKEL, the Democratic Party, the Movement of Social Democrats EDEK and the Movement of Ecologists and Environmentalists voted in favour of the budget, while 19 MPs from the Democratic Rally and the European Party voted against the budget, except the funds for certain chapters concerning defence and health.

Furthermore, an MP from EDEK voted against a sum of 9.5 million EUR for the radiotherapy unit in Limassol.

The state budget for 2010, after a total of nine government amendments, reaches about 64 billion EUR and provides regular and development expenditure of 648,937,000 EUR, including the paying off of loans. Total revenue, including loans, reaches 6,877,745,000 EUR.

Certain funds were either bound or withdrawn with amendments proposed by the Democratic Party and the Movement of Ecologists, which were approved by majority.

[02] EU - CMP - BUDGET

The EU budget for 2010 will be 141.4 billion in commitments and 122.9 billion in payments. The main challenge for this year`s budget was to find the funding for the already agreed but not yet financed economic recovery plan, which will cost the EU 2.4 billion next year.

The 2010 budget is the last one agreed under the Nice Treaty rules. The payments figure represents 1.04% of EU gross national income (GNI).

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