Press Release: Conciliation on EU budget 2013 launched

Today (23.10.2012), the Council informed the European Parliament that it cannot approve all its amendments for the 2013 EU draft budget. This means that tomorrow a three-week conciliation period will start, 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).