Following the entry into force of the Lisbon Treaty, the European Parliament now shares the power to decide on the entire annual budget of the EU with the Council of the European Union and it has the final say.

Every year the European Commission proposes a budget for the EU for the following year. The final figures then have to be agreed by both the Parliament and the Council, which represents the member states, before the budget can be adopted. As the Council tends to propose figures below what the Parliament is asking for, the two institutions enter into negotiations in order to find an agreement. This takes place after the Parliament adopts its position at the end of October and is referred to as the conciliation process.

EU Budget 2018

Press conference - EU Budget 2018

Signature of the general Budget 2018 - Plenary session Week 48 2017 in Brussels

Plenary session week 48 2017 - Vote and Signature of the general Budget 2018

Plenary session week 48 2017.2018 budgetary procedure

Plenary session week 48 2017 - 2018 Budgetary procedure

Plenary session week 43 2017 in Strasbourg - General budget of the European Union for 2018

During the EP plenary session (29-30 November 2017) in Brussels, MEPs debated and voted on the report Siegfried MURESAN (EPP, RO) and Richard ASHWORTH (ECR, UK) on 2018 budgetary procedure. Statements by Jean ARTHUIS (ALDE, FR), Siegfried MUREȘAN (EPP, RO), Richard ASHWORTH (ECR, UK), Matti MAASIKAS, Estonian Deputy Minister for EU Affairs, Günther OETTINGER, Member of the EC in charge of the budget, and Paul RÜBIG (PPE, AU). The results are: 295 in favour, 154 against and 197 abstention. Signature and family photo with rapporteurs.

2018 budgetary procedure: extracts from the debate, vote and signature on the report Siegfried MURESAN (EPP, RO) and Richard ASHWORTH (ECR, UK): extracts from the debate, vote and signature

EU budget 2018 (T)

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