Brussels, 22/03/2011 (Agence Europe) - The Council of Ministers and the European Parliament (EP) budgets committee are at loggerheads over the draft amending budget for 2011 which makes provision for payment of €182.4 million to assist six countries hit by flooding last year.
On Monday 21 March, the budgets committee criticised the Council which is proposing to finance the support for the countries affected by creating a “negative reserve” (see EUROPE 10337). Negative reserves cannot...