EU Budget 2020 conciliation talks suspended | WPN World People News

After making every effort to reach a compromise on an adequate EU budget for 2020 during long hours on Nov. 15, Parliament and Council have suspended the talks without agreement.

The discussions will continue on Monday 18 November, the last day of the conciliation period.

Jan Van Overtveldt (ECR, BE), Chair of the Committee on Budgets: “We made progress in the talks on Nov. 15. Unfortunately, this has not yet been sufficient to find an agreement on the Union budget for 2020, the last year of the current Multiannual Financial Framework. As it stands, more than €4 billion would remain unused in 2020. We should reflect very thoroughly how best to deal with this given the many challenges the EU needs to address. We believe that the week-end break will help us to find a good compromise. We have faith in the goodwill of the Council.”

Monika Hohlmeier (EPP, DE), lead rapporteur (Commission section of the budget): “We will continue to engage with Council to find positive solutions on our priorities - climate, digitalisation and youth. We are fully committed to deliver on on 18 November.”

source: European Parliament