The MFF regulation one step closer to formal adoption
Brussels (22 July 2013) - The Council today took the following steps with a view to the formal adoption of the draft regulation laying down the EU's multiannual financial framework for 2014-2020 and the formal approval of the interinstitutional agreement on budgetary discipline, cooperation in budgetary matters and sound financial management:
- it asked the European Parliament's consent to the draft MFF regulation as finalised by the legal-linguistic experts (11791/13);
- it asked the European Parliament's and the Commission's approval of the draft interinstitutional agreement (IIA) on budgetary discipline, cooperation in budgetary matters and sound financial management (11298/13), subject to legal/linguistic finalisation;
- it asked the European Parliament's and the Commission's approval of the draft statements forming part of the political agreement reached on the MFF at the end of June (11961/13 ADD 1).
Once the European Parliament has given its consent to the MFF regulation and the European Parliament and the Commission have approved the IIA and the statements the Council will formally adopt the regulation and approve the IIA and the statements.