Press Release: Council’s position for 2013 EU budget adopted

The Council adopted today (24.7.2012) its position on the 2013 EU draft budget, limiting the increase in payments to 2.79% compared to 2012. The Council's position reconciles the necessity to avoid undue burden on national public finances in times of fiscal consolidation with the need for growth enhancing measures. It also takes due account of the fact that 2013 is the last year of the current multiannual
financial framework (MFF).