The European Parliament,

–  having regard to Articles 310 to 325 of the Treaty on the Functioning of the European Union,

–  having regard to the draft general budget of the European Union for the financial year 2011, which the Commission presented on 27 April 2010 (COM(2010)0300), and to Amending Letters Nos 1, 2 and 3 presented by the Commission on 15 September 2010, 11 October 2010 and 20 October 2010 respectively,

–  having regard to the position on the draft budget of the European Union for the financial year 2011 adopted by the Council on 12 August 2010 (12699/2010 – C7-0202/2010),

–  having regard to its resolution of 20 October 2010 on the Council's position on the draft general budget of the European Union for the financial year 2011– all sections(1),

–  having regard to the Commission proposal for a Council regulation laying down the multiannual financial framework for the years 2007-2013 (COM(2010)0072) and the Commission document on a Draft Interinstitutional Agreement between the European Parliament, the Council and the Commission on cooperation in budgetary matters (COM(2010)0073), both presented on 3 March 2010,

–  having regard to Draft Amending Budget No 3 to the general budget 2010 (COM(2010)0149) of 8 April 2010 and Draft Amending Budget No 10 to the general budget 2010 (COM(2010)0598) of 20 October 2010,

–  having regard to the proposal for a Decision of the European Parliament and of the Council on the Mobilisation of the Flexibility Instrument (COM(2010)0150), which the Commission presented on 8 April 2010,

–  having regard to the Council's position on Draft Amending Budget No 3/2010, which the Council established on 13 September 2010 (13472/2010 – C7-0263/2010), and to Parliament's resolution of 20 October 2010 on the Council's position on Draft Amending Budget No 3/2010 of the European Union for the financial year 2010, Section III – Commission(2),

–  having regard to its resolution of 22 September 2010 on the proposal for a Council regulation laying down the multiannual financial framework for the years 2007-2013(3),

–  having regard to its resolution of 29 March 2007 on the future of the European Union's own resources(4),

–  having regard to Rule 78 of its Rules of Procedure,

A.  whereas the Council's position on the draft budget has limited payment appropriations to an amount that represents an increase of 2.91% over the 2010 budget,

B.  whereas Parliament agreed on a ‘seven-point strategy’ aimed at implementing the provisions of the Treaty of Lisbon, supported by budgetary amendments, while showing its willingness to confirm the level of payments in the context of an overall agreement,

C.  whereas on 15 November 2010 the Parliament-Council Conciliation Committee failed to agree on a joint text for the 2011 budget,

1.  Expresses its readiness to facilitate an agreement on the 2011 budget and related elements within a very tight time frame, provided the conditions set out below are met by the Commission and the Council:

2.  Welcomes the Commission's commitments on European Added Value and the consequences of the Lisbon Treaty for the EU budget, and to a precise time frame for own resources;

3.  Instructs its President to forward this resolution to the Council and Commission.

(1) Texts adopted, P7_TA(2010)0372. (2) Texts adopted, P7_TA(2010)0371. (3) Texts adopted, P7_TA(2010)0328. (4) OJ C 27 E, 31.1.2008, p. 214.