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EU budget: one step closer to a deal
Padoan: "Today we've made an important step towards solving the outstanding issues on the 2014 and 2015 EU budgets."

Fruitful discussions on the 2015 EU budget and the pending draft amendment budgets for 2014, notably aimed at addressing outstanding payments, have taken place on 8 December between the Presidency of the Council and representatives of the European Parliament and the European Commission. The discussions took place on the basis of a last compromise proposal of the Commission. The Council's Permanent Representatives Committee will take stock of the progress on 9 December.

"Today we've made an important step towards solving the outstanding issues on the 2014 and 2015 EU budgets. We now need to finalise this work and reach a satisfactory result for everybody", said Pier Carlo Padoan, the Italian Minister for Finance and President of the Council.

For more information: Council of the Eu

 

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Last update: 08 December 2014