Press Release: 3343rd Council meeting Economic and Financial Affairs – Brussels, 7 November 2014

Main results of the Council

The Council recognised the unprecedented scale of this year's revision of the revenue to the EU budget and its impact on some member states' national treasuries. It invited the Commission to propose a revision of the regulation on own resources allowing member states concerned to defer the required payments over a period ending on 1 September 2015. The Council also recognised the need to address the high level of unpaid claims and to work constructively on adopting a position on the draft amending budgets for 2014 in a timely manner.

The Council adopted conclusions on EU statistics and on the finance aspects of climate policy, in preparation for a conference of the parties of the U' framework convention on climate change.

• Primary Source

ESO: Background information: Presidency conclusions on the budgetary issues in the current year and on the request to the Commission to submit a proposal for amendment of Regulation http://www.europeansources.info/record/press-release-presidency-conclusions-on-the-budgetary-issues-in-the-current-year-and-on-the-request-to-the-commission-to-submit-a-proposal-for-amendment-of-regulation/

ESO: Background information: Council conclusions on the ESFS Review http://www.europeansources.info/record/press-release-council-conclusions-on-the-esfs-review/

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