That scheme has been extended for another two years to the end of this budget period.
Since 2007, the start of a new seven-year EU budget period, the money taps have been wide open.
It shows that an estimated 1.9bn euros will be necessary in the next multiyear EU budget period, 2014-2020.
The flow of EU grants over the 2014-20 budget period will be stingier.
The higher 960bn figure relates to spending commitments - the maximum amount that can be allocated to programmes during the budget period.
Also , in an attempt to encourage easy access to cash machines, a rates exemption for stand-alone ATMs has also been extended to the end of the budget period in March 2015.
Members of the European Parliament have already called for an increase in the size of the budget for this period, despite restrictions on spending by national governments in some of the European Union's 27 member states.
"The most important thing of all, " he stressed, is that the Prime Minister managed to secure an "unprecedented agreement" that the EU budget for the period from 2014 to 2020 must "reflect the efforts of member states to bring deficits and debt onto a more sustainable path".
In other words, do budget savings extend the period during which the program can operate at full capacity?
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When questioned on the budget constraints for the period Mr Davies was confident that his department had enough funds to deliver Welsh government commitments.
The other troubled economies were running budget surpluses over that period.
Each of these departments expects annual budget increases during the period in question, and there are additional intelligence outlays not reported in public documents that are funded outside the Pentagon budget.
It said the government's budget for "flood management has been maintained in real terms over the current spending review period, making the budget better protected than in England".
He said the defence budget was experiencing its longest period of sustained real growth for more than 30 years.
The public consultation period for the draft budget ends on 23 January.
By the end of June, EU member states need to settle on a budget for the 2007-13 period, and already this is controversial.
Also, considering the speed of evolution of mobile device features and operating systems, evolving field requirements, ongoing maintenance of multiple platforms can cost multiple times the initial development budget over a five-year period.
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The first problem is that the military services are facing a period of fiscal austerity due to budget deficits, and technology investment is usually the first item to be cut when defense budgets turn down.
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Never before has there been such as sustained period of so little growth in the budget.
It's also worth noting that he has to balance the budget over a five-year "rolling" period.
Obviously a budget process we have had since we got here to cut the budget deficit in half over a four-year period of time.
She also noted that social services is a corner stone for the Welsh Government and that is why the budget has been protected over the three year funding period.
Southern Cross announced on 1 June 2011 that it would cut the rents it pays to its landlords by 30 per cent for a four month period in order to deal with its budget deficit.
By the end of the period and after accounting for inflation, the capital budget will be half what it was two years ago.
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But a prolonged period of sluggish economic growth could rapidly make the budget numbers even worse, if tax receipts fall and government spending rises further.
George argues that temporary provisions are the only tax laws where the costs are fully accounted for because permanent tax cuts can cost much more outside the budget window than in the five- or ten-year period considered when the legislation is debated.
The budget goes to the end of the UK government's spending review period.
The federal government has incurred budget deficits more than 80% of the time since 1930, a period when the number of governmental functions increased dramatically.
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Reforms to the taxation, healthcare, pension, and social welfare systems helped Slovakia consolidate its budget and get on track to join the EU in 2004 after a period of relative stagnation in the early and mid 1990s and to adopt the euro in January 2009.
"Those who managed to survive the troubled post-war period and want to go on putting their hands in the state budget should understand that there is a limit to everything, " it said.
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