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Europe Daily Bulletin No. 8259

20 July 2002
GENERAL NEWS / (eu) eu/budget
Council adopts draft budget 2003 reflecting national economic constraints - New posts requested by Commission are refused

Brussels, 19/07/2002 (Agence Europe) - The Economy and Finance Ministers of EU Member States, who met on Friday in Brussels, established at first reading a draft budget for 2003. The draft budget recommends controlled growth in the volume of allocations and respect of the ceilings of financial perspectives, in conformity to what was agreed by Coreper: EUR 99.5 billion in commitments and EUR 96.9 billion in payments. Furthermore, the Council and the Parliament reached a concerted final...

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