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Explanatory stage of screening for policy chapter on budgetary provisions held

BRUSSELS, Sept 6 (Hina) - Croatian negotiators on Wednesday attended the explanatory phase of the screening for the policy chapter on budgetary and financial provisions.
BRUSSELS, Sept 6 (Hina) - Croatian negotiators on Wednesday attended the explanatory phase of the screening for the policy chapter on budgetary and financial provisions.

This chapter covers models of the financing of the European Union. Under the 1957 Roma treaty, the European Community is entitled to its own revenues.

The EU budget collects funds from three types of revenue: customs revenues, Value Added Tax and contributions of member-states.

The bilateral stage of the screening on this chapter is scheduled for 27 September.

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