EP resolution reverses cuts regarding migration and competitiveness in EU 2016 budget
The European Parliament (EP) plenary passed a resolution on the European Union's 2016 budget at its plenary session on 28 October 2015. The resolution, passed with 434 votes to 185, with 80 abstentions, reverses all cuts proposed by the Council, including those concerning migration and competitiveness. It also tops up resources to fund help for the creation of jobs for young people, enhance the EU’s competitiveness and settle its unpaid bills.
In its resolution, the European Parliament added €1.3 billion for the Horizon 2020 EU research programme and the Connecting Europe (infrastructure) Facility, to restore funds borrowed from them to kick-start the Juncker investment plan. The goal is to help sharpen EU competitiveness.
“Conciliation” talks between Parliament and Council will start on 29 October 2015, with a view to agreeing a compromise in time to vote on it at the November EP plenary session.
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