Microsoft - creation of the Union trust funds
COMCMT1R-EP1R-C2R-EPCNCADO
Updated 153mo ago
This procedure updates the EU budget to reflect revised forecasts for traditional own resources, VAT, and Gross National Income (GNI). It also manages specific financial corrections for the UK, Netherlands, and Sweden, and incorporates revenue from a fine imposed on Microsoft.
These changes affect the EU's overall financial planning and the specific contributions of member states. Additionally, it establishes Union trust funds to allow for more flexible funding of specific EU initiatives.