VOL. XXXIV
NO. 8
26-NOVEMBER-1990
Financial and Banking News
Loans & Issues
European Parliament Rejects Gulf Aid Package
The European Parliament has rejected the proposed EC budget for 1991, whichincluded an allocation of ECU350mn ($490mn) for aid to the Gulf and what wasformerly East Germany. The budget proposal was approved on 19 November byrepresentatives of the individual EC governments, but the Parliament, which isthe ultimate authority over the budget, wants to spend the money on EC...
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