A last attempt to reach an agreement for the 2011 EU budget failed on Monday (15 November) due to reluctance by member states to grant MEPs extra powers in future multi-annual budget negotiations. The EU commission will now have to draft a new proposal, while the first months of next year will be funded on the basis of the 2010 budget.
"It's not good news not to have a budget for 2011, but we will follow procedures," EU Parliament chief Jerzy Buzek told reporters in a late-night press c...
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