| Author (Corporate) | Council of the European Union: General Secretariat |
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| Series Title | Press Release |
| Series Details | 19.10.15 |
| Publication Date | 19/10/2015 |
| Content Type | News |
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On 19 October 2015, the Luxembourg Presidency of the Council of the European Unioni signalled a note of caution and realism ahead of the conciliation talks with the European Parliament on the EU budget for 2016. In its position adopted by unanimity on 4 September 2015 the Council set the level of commitments at €153.27 billion and of payments at €142.12 billion. If the Parliament on 28 October confirms the amendments suggested by its committee on budgets these figures would be increased by €4.16 billion in commitments and €4.34 billion in payments. This would far exceed the expenditure ceilings also accepted by the Parliament in the EU's multiannual financial framework for 2014-2020. |
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| Source Link | Link to Main Source http://www.consilium.europa.eu/en/press/press-releases/2015/10/19-eu-budget-call-for-realism/ |
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| Subject Categories | Economic and Financial Affairs |
| Countries / Regions | Europe |
