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IN SHORT

Slovak government accepts EU budget bill

THE SLOVAK government accepted a draft 2006 European Union budget on Wednesday, the TASR news wire reported. The plan gives priority to developing prosperity, solidarity, security and strengthening the EU's role in the world.

The draft projects revenues next year at €112.552 billion or 1.02 percent of the EU25 gross national product (5.9 percent up over 2005), while spending is estimated to be €121.273 billion or 1.09 percent of GNP (4 percent up over 2005).

The Finance Ministry proposes that Slovakia will contribute Sk16.259 billion (€420 million) at an exchange rate of Sk38 per euro, toward next year's EU budget.

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