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Tuesday, 30 October 2012

Conciliation on EU budget 2013 launched

On 23 October 2012, the Council informed the European Parliament that it could not approve all of  its amendments for the 2013 EU draft budget. This launched a three-week conciliation period from 24 October, aimed at bridging the gap between the divergent European Parliament and Council positions.
The Council notes with particular concern that the European Parliament's amendments considerably  reduce the margins under the expenditure ceilings of the current multiannual financial framework or even delete it, as in sub-heading 1a (competitiveness for growth and employment).

Source: Council of the European Union