EU Commission Plans 9 Billion-Euro Budget Increase, Welt Reports

The European Commission plans to boost the European Union’s budget by about 9 billion euros ($12 billion) next year, Germany’s Die Welt newspaper reported.

That’s an increase of 6 percent compared with the 2012 budget, the newspaper said.

To contact the reporter on this story: Jana Randow in Frankfurt at jrandow@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net

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