One envisaged an initial contribution level of per cent and the second involved a progressive rise in contributions from between and per cent in the first year to to per cent in the final year of the transition period. There was then the question of what would happen thereafter as we have seen the Community had agreed on a final solution to the financing of the budget. In the event the negotiated settlement involved the UK in paying the following percentage costs of the budget, . From the UK point of view this was certainly better than the Commission had originally proposed, but worse than it had initially hoped for.
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In and the UK would normally have been subject to the Community budgetary system. It was, however, agreed that in the UK contribution should not increase above the level by more than two fifths of the difference between the level and what the level should be under the new system. Likewise in the increased contribution over the level would be similarly determined.
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Style Name Mary Louise Streep
Style Birth; June 22, 1949
Style From; Summit, NJ
Style Occupations; Actress
Style Relationship; Married to Don Gummer.
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