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Friday, 07 December 2012

Council approves agreement on 2013 EU budget

The Council approved on Thursday 6th of December  the agreement with the European Parliament on the 2013 budget in total value of 132.84 billion EU. It also approved the draft amending a sixth variant of the budget for 2012.
It herewith confirmed the deal reached between the Cyprus presidency, representatives of the European Parliament and of the Commission at a trilogue on 29 November.
The agreement provides for additional resources within the 2012 EU budget in order to address a shortfall of payments and puts the spending priorities within the 2013 EU budget on measures enhancing growth and jobs while taking account of member states' consolidation efforts.
If the European Parliament approves  the package the 2013 EU budget on 12 December.
and draft amending budget no 6 for 2012 are considered to be adopted.
The budget corresponds to 0.99% of the EU's Gross National Income (GNI) and represents an increase of 2.4% compared to the EU budget for 2012 as amended by amending budget nos 1-5.

 

Source: Council of the European Union