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Image header Agence Europe
Europe Daily Bulletin No. 11812
INSTITUTIONAL / budget

European Parliament's committee on budgets approves budgetisation of 2016 surplus

On Tuesday 20 June, the committee on budgets of the European Parliament approved draft amending budget no. 2/2017, which includes the 2016 surplus, in the amount of €6.405 billion, in the budget. Parliament will take a position in plenary in July.

The MEPs note with great concern the considerable under-spend of €4.889 billion in 2016, even though amending budget no. 4/2016 already reduced the level of payment appropriations by €7.28 billion.

They stress that the very low implementation...

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