Brussels, 28/10/2010 (Agence Europe) - The Council of Ministers of the EU and the European Parliament (EP) hold very different positions on the draft Community budget for 2011. Thus it is that the conciliation procedure was opened on Wednesday 27 October, in line with the new annual EU budget adoption procedure set out in the Treaty on the Functioning of the EU (Article 314). The EP is prepared to accept a restricted budget in 2011 on condition that the Council agrees to debate new own...