Brussels, 30/11/2006 (Agence Europe) - As part of the package of decisions on the draft 2007 budget, on 30 November, the Council formalised the compromise reached with the European Parliament on updating the 2002 provisions on the financial regulation applicable to the general EU budget. According to the European Commission, from where the proposal originated, the new rules will simplify procedures for obtaining EU aid under the 2007-2013 financial framework. Most will come into force on 1st...