The Council and the European Parliament separately approved on Thursday (30 November) the deal reached on 18 November 2017 in the conciliation committee on the 2018 budget. Thus the budget is finally adopted, with the abstention of the S&D group in Parliament.
In the early hours of Saturday (18 November), after 16 hours of negotiations, the EU member states and the European Parliament struck a deal on the EU’s budget for 2018, three days before the end of the conciliation period on 20 November at midnight.
The European Parliament backed by a large majority the EU budget for 2018 on Wednesday (25 October), earning praise from NGOs for increasing funds for humanitarian and development aid. But the EU Council said it cannot accept all the MEPS' amendments.
The European Parliament will vote this week to cut pre-accession funds for Turkey by €50 million in 2018 and put an additional €30 million in reserve, Parliament rapporteur on the EU budget Siegfried Mureşan told EURACTIV.com in an interview.
EU member countries decided yesterday (12 July) to cut the proposed EU budget for 2018 by €1.2 billion. The European Parliament deplored this “mechanical” cut, while NGO’s denounced the decrease of development aid and its re-directing to combat immigration.
Günther Oettinger today (30 May) presented the draft EU budget for 2018, acknowledging decision-making difficulties. He said the next long-term budget should be tabled by next summer, to take into account the Brexit context and the decisions on the future of the Union.