EU budget: feedback and debate on fruitless talks with the Council
The outcome of Parliament’s fruitless talks with the Council of Ministers on changes to the EU budget for 2014 and the new budget for 2015 will be explained to the full house on Tuesday afternoon by Parliament’s EU budget negotiators.
EU member states tabled their negotiating position only on the very last day of the three-week “conciliation” period allowed for Parliament and the Council to agree on the budget. Parliament's priority was and is to reduce the growing pile of unpaid bills received from the member states for 2014.
As the conciliation period elapsed before a deal could be struck, the European Commission must now table a new draft budget, re-launching the budget procedure.
If there is no deal on the 2015 budget by 1 January 2015, the EU will have to run on “provisional twelfths”, i.e. one twelfth of the 2014 amount or that of the 2015 draft budget, whichever is lower, for each month.
Procedure: Budget
Debate: Tuesday, 25 November
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