Friday, June 17, 2005

£600bn!

The Times reports:

But Dutch and Swedish leaders backed the Prime Minister’s call for the £600 billion budget to be reduced, and Mr Blair received a surprise incentive to stall in negotiations when the conservative politician expected to be Germany’s next leader told France to cut back its agricultural subsidies.


It's true that the budget negotiations are for a seven year period, but it would have been more honest to note this in the text before quoting the figure, as the annual EU budget is less than a £100bn.