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THE EUROPEAN PARLIAMENT has endorsed a compromise proposal on a hotly contested trillion-euro EU budget for 2014 to 2020 that had been held up by months of squabbling between governments, the parliament and the EU executive.
A political resolution on the European Union’s proposed budget for the seven-year period, which cuts spending for the first time ever, was agreed with 474 votes in favour, 193 against and 42 abstentions.
The resolution contained a revised budget proposal that had been approved last week by the EU’s heads of state and government.
The € 960 billion budget still faces one last hurdle in the European Parliament, a formal vote for final adoption to be held in September or October.
“Today is a good day for Europe,” said Budget Commissioner Janusz Lewandowski.
We have spared no effort over the last two years to reach this point by helping the European Parliament and the Council (of EU states) find common ground on what is traditionally the most complex, the most sensitive and the toughest negotiations in the European Union.
Parliament and the executive European Commission had been at odds with austerity-minded EU hardliners Britain, Germany and the Netherlands, who early this year shot down plans to increase spending and instead pushed through a historic three-percent cut.
After tough and lengthy negotiations, a compromise deal was reached last week that won a green light from the EU’s heads of state and government at a summit.
“The European Parliament has opened the way for putting in place a seven-year growth and jobs fund,” Lewandowski added.
Notably at stake are plans to quickly put billions of euros into measures to help Europe’s 5.6 million unemployed people under the age of 25.
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And those in rural areas of Ireland will get acceptable broadband speeds i.e more than 300k download speed.
I’m lucky if I even get that. And I’m only about 10 miles from Cork City and am on a main road. Faster broadband would be a dream come true but I’m not gonna hold my breath…
With the introduction of “4G”, the things we will be moaning about data limits, Coverage areas and network brown outs.
And latency. Horrible latency. Useless for SSH to my server in Iceland which already pings almost 1s from my ADSL.
Don’t live in the country side and complain about broadband speeds! It’s like living on the moon and complaining about the weather! Want good broadband? Move to a city or large town!
I think 4G will be the best high speed solution for people in rural area’s
I’m putting all my money on the internal combustion engine finally breaking through to the big time this year. It’s been a while coming but I think it’s time.
A vibrator which tells all your friends on Facebook when you are using it
3d printing will also see interesting developments this year due to certain patents that are due to expire for methods other than the “stepstruder” style ones that are commonly seen.
Curved TVs Curved Smartphones. Don’t see the point in them. Smart home tech like smoke alarms, integrated car tech
I’m still waiting for my hoverboard.
Cryptocurrency , E-Wallets and early Robotics.
My tip would be for smart building/city applications such as http://www.EnergyElephant.com (nice little self plug ;0)
You can increase your use of Irish and renewable energy by just checking when is best to turn on a washing machine, charge a laptop/iPad or have a low carbon cuppa! Think Irish, think green.
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