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Budget 2011: Commission fast-tracks new draft to help Council and Parliament reach agreement

The European Commission has adopted today a new draft EU budget for 2011 after the failure of the conciliation procedure between the European Parliament and the Council on 15 November 2010. The new draft budget foresees €126.5 billion in payments (+ 2.9% on 2010). This morning, the President of the Commission Jose Manuel Barroso sent a letter to the Presidents of the European Parliament and the Belgian Presidency of the EU on the political issues linked to the adoption of the 2011 budget.

Read more:

- Press release
- Letter by President Barroso to Jerzy Buzek, President of the European Parliament and Yves Leterme, President of the Council
- Documents