Oettinger: no separate eurozone budget

“We will not propose any euro zone budget. We do not want a Europe of different speeds,” said European Commissioner for Budget and Human Resources Monday, Guenther Oettinger while answering Polish MPs questions. “We want to have a budget of 27 countries, in which the interests of all member states will be included. We need to integrate, we do not want a Europe of different speeds,” he said. The EU is currently analyzing possible scenarios on how to balance EU finances after Brexit. Having two separate budgets, one for the euro zone members and one for the other member states was one of the proposals. According to Oettinger’s previous estimates, without the UK contribution, the EU budgets will be smaller by16 percent, or €10-12 billion annually.