Labour calls for cut in European Union budget

Ed Balls
Ed Balls and Douglas Alexander write in The Times this morning that Europe must spend less Credit: Press Association

Labour have called for the Government's funding of the European Union to be cut. In an article in The Times Shadow Chancellor Ed Balls and Shadow Secretary of State for Foreign and Commonwealth Affairs Douglas Alexander said Europe must "spend less and spend differently."

"The crisis in the eurozone and a chronic lack of growth across the Continent mean that EU resources are stretched and priorities must be revised. The challenge for the EU, as for national governments, is to cut spending in a way that is both fair and supports rather than stifles jobs and growth."

"The priority for the new seven-year budget must be to promote growth and jobs across Europe. And that is why Labour will argue against the proposed increase in EU spending and instead support a real-terms cut in the budget."

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Labour calls for EU budget cut

Labour have called for a real-terms cut in the budget of the European Union. The Prime Minister has agreed to a 2% rise in budget, 3% less than the European Commission asked for, but Ed Balls says it is time for the EU to adapt to austere conditions.