AGENDA ECONOMIC AND FINANCIAL AFFAIRS COUNCIL 17 NOVEMBER

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AGENDA ECONOMIC AND FINANCIAL AFFAIRS COUNCIL 17 NOVEMBER
16 Nov 2017

AGENDA ECONOMIC AND FINANCIAL AFFAIRS COUNCIL 17 NOVEMBER

Brussels, Brussels Daily

 Preparatory documents

017

Agenda highlights

Ministers will prepare negotiations with the European Parliament on the EU’s general budget for 2018. The negotiations will be held at a conciliation committee meeting the same day.

On 25 October, the Council announced that it cannot accept all the Parliament’s amendments for the 2018 budget. As a result, a three-week conciliation process started on 31 October with the aim to bridge the differences between the two institutions.

The Parliament is asking for total commitments to be increased to €162.6 billion and total payments to €146.7 billion. The Council set total commitments at €158.9 billion and total payments at €144.4 billion.

The conciliation committee is composed of the 28 member states and 28 members of the Parliament. A first meeting was held on 6 November.

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