On Friday 30 November, the European Commission adopted a second draft budget for 2019 containing no new developments for overcoming the current differences of principle between the two arms of the budgetary authority (see EUROPE 12149).
The 21-day conciliation period ended in failure, due to differences between the European Parliament and the Council. They differ not over large figures, but over the application of the new Article 15.3 of the Financial Regulation on making appropriations...