Author (Corporate) | Council of the European Union: General Secretariat |
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Series Title | Press Release |
Series Details | PRES/16/595 (19.10.16) |
Publication Date | 19/10/2016 |
Content Type | News |
On 19 October 2016, the Slovak Presidency of the Council of the European Union called on the European Parliament to take the most recent implementation figures for 2016 into consideration when adopting its amendments to the 2017 EU budget. On 30 September 2016 the European Commission proposed to reduce payments in the 2016 EU budget by €7.27 billion to align it more closely to the latest estimates of needs. The European Parliament is expected to vote on 26 October 2016 on its amendments to the Council's position for the 2017 EU budget. On 28 October 2016 a three-week conciliation period will start which is aimed at bridging the gap between the positions of the Council and Parliament by 17 November 2016. |
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Source Link | Link to Main Source http://www.consilium.europa.eu/en/press/press-releases/2016/10/19-eu-budget-2017/ |
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Subject Categories | Economic and Financial Affairs |
Countries / Regions | Europe |