Press Release: Council agrees position on the 2015 EU budget

The Permanent Representatives Committee on the 15 July 2014 reached an agreement on the Council's position on the 2015 EU draft budget, on the basis of a compromise text of the Italian presidency.

In terms of figures, the Council's position amounts to 140.00 billion € in payments, limiting the increase compared to the 2014 EU budget as adopted last year to 3.3%. Total commitments amount to 145.08 billion €, up by 1.7% compared to 2014.

Sufficient margins have been left under the ceilings for both, payments and commitments, in order to enable the EU to cope with unforeseen events.

• Primary Source

ESO: Background information: Draft General Budget of the European Union for the financial year 2015 - General Introduction - General statement of revenue - General statement of revenue and expenditure by section http://www.europeansources.info/record/draft-general-budget-of-the-european-union-for-the-financial-year-2015-general-introduction-general-statement-of-revenue-general-statement-of-revenue-and-expenditure-by-section/

ESO: Background information: 2015 EU draft budget to help Europe's economic growth despite financial constraints http://www.europeansources.info/record/press-release-2015-eu-draft-budget-to-help-europes-economic-growth-despite-financial-constraints/

---