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Europe Daily Bulletin No. 7763

21 July 2000
GENERAL NEWS / (eu) eu/budget 2001
Council approves draft with announced reductions and rejects revision of multi-annual financial perspectives

Brussels, 20/07/2000 (Agence Europe) - As expected, the Budget Council adopted the draft budget for 2001 on first reading, as established according to the conclusions of the Permanent Representatives, providing only marginal changes (see yesterday's EUROPE, p.8). The Council thus rejects, notably, the revision of the financial perspectives. According to Council sources, Commissioner Schreyer proposed an alternative that acknowledged the abandonment of the proposal for an immediate...

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