Conciliation agreement on the 2017 EU budget

At a Glance 25-11-2016

On the final day of the three-week conciliation period, the negotiating teams of the European Parliament and Council reached provisional agreement on next year's EU budget. The joint text, which sets total commitments at €157.86 billion and total payments at €134.49 billion, is scheduled for adoption by the Council on 29 November and vote by the EP in plenary two days later.