As we anticipated (see EUROPE 11825), the EU ambassadors on Wednesday 12 July confirmed an agreement on the Council’s position on the EU budget 2018.
This stands at a total of €158.9 billion in commitments and €144.4 billion in payments, representing +0.6% and +7.4% on the 2017 budgets respectively. The Council will formally approve its position on next year’s budget in early September. Its position will serve as a mandate to the Estonian Presidency of the Council to negotiate the...