In Strasbourg on Thursday 5 July, the European Parliament approved the agreement between the institutions on the so-called 'onmnibus' regulation concerning the financial rules of the EU (see EUROPE 12005, 11991).
Parliament adopted the report by Ingeborg Grässle (EPP, Germany) and Richard Ashworth (EPP, UK) on the financial rules applicable to the EU general budget.
This text, which will enter into force after the Council adopts the text, will amend the existing financial regulation and a...