EU president Luxembourg made concessions to Britain on Wednesday by proposing to start changing London's contested rebate from EU coffers only after 2013 and freezing it from 2007. In a last-ditch compromise proposal, Luxembourg said the rebate should be frozen from 2007 to 2013 at the average level at was before the European Union enlarged in 2004, according to Reuters. Luxembourg said any changes of Britain's rebate after 2013 should be linked to reforms of EU farm spending, which London wants to cut. The executive European Commission should propose reform of the way the bloc is financed by member states in 2011. The proposal aimed at brokering the deal on the EU's long-term budget at a summit on Thursday and Friday.
