Google’s record EU fine won’t just punish Google. It will quietly shrink what European taxpayers owe Brussels.

Google has finally paid its record EU antitrust fine, and the money is about to do something unexpected. The €4.6bn will flow into the EU’s central budget and reduce what member states owe Brussels, Politico reports. The mechanism is dry, but the effect is real. EU fines are not earmarked for anything, so they simply lower […] This story continues at The Next Web

This story was reported by The Next Web. EUROPES curates Europe's most relevant coverage — read the full report at the original source.