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Europe Daily Bulletin No. 9468

14 July 2007
GENERAL NEWS / (eu) eu/2008 budget
Council finalises its first reading of draft budget

Brussels, 13/07/2007 (Agence Europe) - On Friday 13 July, the Council of Finance Ministers of the EU member states reached unanimous agreement in Brussels on its first reading of the draft EU budget for 2008. The Budget Council has prepared a rigorous budget for next year, at this stage of the proceedings of a total of €128.4 bn in commitment appropriations (up 1.4% on the 2007 budget) and €119.41 bn in payment credits (up 3.4% on the 2007 budget). It confirmed the provisional strategy...

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