EU budget: 1998 budget

Publisher
Series Title
Series Details No.1 February
Publication Date February 1998
ISSN 0264-7362
Content Type

EU budget:
1998 budget. The 1998 budget procedure continued at the Budget Council on 27.11.97. The Council met a European Parliament delegation and reached agreement on a compromise involving an overall additional reduction of € 1,200m compared with the results of the EP's first reading of 23.10.97. The Council then agreed its second reading of the budget. The EU adopted the budget on 16.12.97.
Source: Press Release (Council of Ministers), PRES/97/362 (27.11.97); The Week, 15-19.12.97, p9

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