I also think it is important for us not always to emphasise the fact that the EU budget amounts to only 2% because, at the end of the day, many States cofinance the corresponding European funds, thus, of course, making a considerably larger volume of funds available on the basis of EU programmes.

He is using this account for business purposes as an In Trust account, however, I told him this is not a formal trust account and he could get himself in trouble because this is just a personal account in his name alone, the In Trust does not mean anything in this case.

In all cases, he converted part of the trust money received from each of the beneficiaries from his trust account to his general account.

The Chief Electoral Officer has expressed grave concern that many MPs, like the member for Trinity—Spadina, have trust accounts or trust funds that are in fact secret bank accounts totalling millions of dollars.

He shares the Commission view that a number of persons, institutions and activities currently not covered by the existing texts - such as providers of services to companies, trusts, and life insurance intermediaries - should be included in the scope of the Directive.

M. whereas the funding of the obligations arising from the Habitats Directive shall be borne by the Member States and Article 8 of the Directive only provides the possibility of co-funding by the Community of certain measures for sites which are considered to be of Community importance; whereas the budget of the LIFE programme needs to be increased sufficiently in order to co-finance pilot projects to establish the Natura 2000 network in current Member States and accession countries; whereas this increase must take into account the fact that the budget has scarcely increased since 1992 and that the annual demand for co-financing is se ...[+++]veral times higher than the amount of available resources,