EU 7YR BUDGET CONNECTED TO WTO

Here we have it right here folks, the EU and World trade are connected. I believe this is how the EU will have world control. I believe there will be 13 MAIN EU BLOC NATIONS. The Inner core, and the rest of the world as they join the EU will be put into 10 WORLD TRADING BLOCKS. When the future EU Leader comes on the scene, he will kick 3 inner core countries out of the EU, which will bring it down to the final 10 of Daniel 7:23-25 that controls the world till Jesus returns to earth and destroys this 7TH and final world empire.

notice the EU budget is a 7 YR TERM, This is no accident because when this world leader comes on the scene, he signs a 7 YR CONTRACT WITH ISRAEL / ARABS AND MANY.

EU accord on budget linked to WTO deal

By Graham Bowley International Herald Tribune TUESDAY, DECEMBER 20, 2005
London In the space of a few hours this past weekend, two global problems that had seemed insoluble suddenly came unlocked. The European Union had a budget plan until 2013 (7YR), and the World Trade Organization was able to conclude what it somewhat grandly called the Hong Kong Declaration.

How these two solutions came together is a tale of interlocking diplomatic tracery. EU officials insist publicly there was no link, but others familiar with the negotiations admit that EU negotiators in Hong Kong were following what they termed a parallel game plan based on the assumption of a budget deal, and declare that without an agreement in Brussels, a deal in Hong Kong would have been impossible.

Last Thursday night, after EU leaders dined, the prospect of an EU budget deal looked so distant that most leaders emerging into the Brussels rain shook their heads pessimistically. Germany's new chancellor, Angela Merkel, described her mood as skeptical.

Twenty-eight hours later, early Saturday morning, a deal was struck, giving the EU a budget for 2007-2013, ending months of fraught negotiations and drawing a line - temporarily, at least - under the crisis.

According to which country you talk to, there were many different heroes of the Brussels budget summit. But accounts from well-placed officials who insisted on anonymity because of the delicacy of the talks suggest the successful outcome was achieved by a combination of leaders, including most prominently Merkel, but also Prime Minister Tony Blair of Britain, who was chairing the talks, President Jacques Chirac of France, Prime Minister Jean-Claude Juncker of Luxembourg, and José Manuel Barroso, president of the European Commission.

By the close of talks on Thursday evening, nations were still divided on two main sticking points. First, many felt that Britain's proposal for the overall level of the budget was still far too stingy, and, second, France and Britain were divided on how much of its rebate Britain should give up and how concretely France would, in return, commit to a midterm review of budget spending before 2013.

The problem about the overall level of the budget was solved rapidly Friday morning. In conversations with Barroso, Merkel signaled that Germany was prepared to pay more. A decisive meeting came midmorning among Chirac, Blair and Merkel when "it became clear to Blair," said an EU official, "that his two allies, Merkel and Barroso, were preparing to set a higher spending ceiling."

At lunch, Merkel proposed the budget be raised to 1.045 percent of EU gross national income, and "from that moment the whole mood brightened," said another official.
But although higher overall financing was agreed to, the divisions over Britain's contribution and the so-called "review clause" remained so bad that when Chirac and Prime Minister Silvio Berlusconi of Italy went to rest at their hotels late in the afternoon they still professed themselves gloomy.

On his return, Chirac held a news conference, timed for the French late evening news broadcasts, at which he blamed Blair for the risks of failure.
This disconcerted German and British negotiators. Then, at 8:30 p.m. on Friday, came probably the most important breakthrough of the summit meeting. In a trilateral gathering, Merkel, Blair and Chirac hammered out an agreement on the rebate and on wording of the review clause acceptable to both Britain and France.

On the British rebate, Blair agreed to sacrifice E10.5 billion of the rebate over seven years, out of a total of E50 billion. Blair agreed to increase the pace at which the rebate is phased out. This means that Britain would be contributing fully to payments to past and future EU enlargements by 2013, an important consideration for France, where concerns about the costs of embracing Turkey in the future are particularly severe.

The amount was still less than the E14 billion that France had demanded. But Chirac could see, say officials, that Blair could not give more without paying serious political costs at home. Diplomats said Juncker, a canny European politician, had played a key role in persuading Chirac to accept Blair's action.

The two countries also agreed on a commitment to a "full, wide-ranging review" of the budget in 2008-09. Blair wanted this to be able to cut spending on farm subsidies; Chirac vehemently opposed this. In the end, they agreed to language that neither ruled out changes to spending before 2013 nor stipulated them. The review would include both Britain's rebate and farm spending. Both sides could claim victory.

Yet as the outline of the deal emerged, there was another complication as countries began to demand their share of the extra money that was suddenly on the table. "There was an ugly rush for the goody-box as everyone tried to get as much they could," said a diplomat. At the front of the line were Spain and Italy, but France also demanded more for such regions as Corsica.
Poland demanded extra and Merkel, who had negotiated an extra E400 million for Eastern Germany, quickly redirected E100 million to Warsaw. It meant that when Blair called the final meeting of 25 countries after 1 a.m. Saturday, all raised their hands in favor of the deal.

Merkel appeared to have sensed that it was up to Germany, the biggest EU nation and the largest contributor to the budget, to break the impasse. Merkel was compared favorably by participants to Gerhard Schröder, her predecessor as chancellor, who was rarely interested in negotiations, some officials said, and often sided with Chirac against Blair.

But Merkel had been given room for maneuver by Schröder: He had committed Germany to a budget of 1.06 percent of EU gross national income at the summit meeting last June. As long as Merkel stayed below this figure, she could say that she was getting a better deal for Germany.
Blair faced a difficult negotiating position because of fraught relations with his chancellor, Gordon Brown. One commission official said negotiating with Britain was like negotiating with a coalition government because Blair and Brown were so divided. In the end, he gave up some of the rebate, but kept most of it, and secured the review.

The most immediate consequence of the budget agreement was the deal in trade talks in Hong Kong. That became possible when the EU, which had resisted for days, suddenly on Saturday proposed phasing out agricultural export subsidies by 2013. EU officials say they had always intended to make this offer as part of their game plan for the talks.

In this sense, there was no link between the two negotiations. But officials in Asia were constantly updated on the progress in Brussels. And when it came, the 2007-2013 agreement, by setting agricultural spending but also holding out the firm prospect of change, provided the framework for the trade proposal to be made. "If the budget deal had failed, then the European position in Hong Kong would have collapsed," said one EU official.
It didn't, and the second agreement, in Asia, followed.