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In page European Union:
"The EU had an agreed budget of €120.7 billion for the year 2007 and €864.3 billion for the period 2007–2013,[2] representing 1.10% and 1.05% of the EU-27's GNI forecast for the respective periods. In 1960, the budget of the then European Economic Community was 0.03% of GDP.[3]
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