‘Stuttgart Summit. EC — savings’. On 20 June 1983, following the Stuttgart European Summit chaired by the President-in-Office of the Council, Federal Chancellor Helmut Kohl, German cartoonist Walter Hanel illustrates the tricky negotiations on the funding of the European Community budget, particularly the reduction of the British contribution. Chancellor Kohl (sat on the piggy bank), anxious to break the deadlock, strongly insists to his colleagues, particularly French President François Mitterrand, that British Prime Minister Margaret Thatcher’s demands should be met at least in part.