The Coreper, the Permanent Representatives Committee, today has reached an agreement on 2015 EU draft budget, based on a compromise text of the Italian Presidency.
“We are pleased that member states were able to converge towards the compromise proposal put forward by the presidency”, said Ambassador Stefano Sannino, Permanent Representative of Italy. “Thanks to this collective effort, we will be able to preserve allocations to policies which address relevant demands from European citizens: fight against unemployment, youth mobility, support to small and medium enterprises, as well as instruments to manage migration flows. We now look forward to starting negotiations with the European Parliament in a constructive spirit, on the basis of a solid consensus in Council”.
The text approved will be the basis for the debate on 2015 EU draft budget with the European Parliament.
For more information, read the press release of the Council of the European Union.