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Monday, 03 December 2012

A step closer to the EU Budget of 2013

COREPER (formed by the two working groups/committees of officials whose task is the preparation of meetings of the Council) has confirmed on Friday, 30 November that the Council is ready to approve a draft agreement on a global package on the EU Budget for 2013 and on Amending Budget 6 (for 2012), which was the result reached in trilogue on November 29 between the Council's and the European Parliament's negotiating teams and the Commission as the facilitator.
EP will follow further its own budgetary procedures. Should the EP relevant Committee (BUDG) on Tuesday December 4th endorse the agreement, the whole package will be resubmitted to COREPER next week as an I Item (of first importance) and then will be officially endorsed by the Council in the same week.   


Source: Cyprus Presidency of the Council of the EU