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European Commission

MEMO

Brussels, 19 September 2012

Joint statement by the President of the European Commission, José Manuel Barroso, the President of the European Parliament, Martin Schulz, the President of the European Council, Herman van Rompuy and the President of the rotating Council Presidency, the President of Cyprus, Demetris Christofias on the next Multi-Annual Financial Framework (2014-2020)

The President of the European Commission, José Manuel Barroso, the President of the European Parliament, Martin Schulz, the President of the European Council, Herman van Rompuy and the President of the rotating Council Presidency, the President of Cyprus, Demetris Christofias have today underlined the need for the future European budget to translate the EU's overall objectives into concrete investment for growth and jobs. The next Multi-Annual Financial Framework (2014-2020) should make a significant contribution to the resolution of the economic crisis. Ahead of the forthcoming European Council on 22-23 November, the four Presidents reconfirmed their joint commitment to mobilise all efforts needed to reach an overall agreement supported by all institutions by the end of this year.

Background

Today, the President of the European Commission, José Manuel Barroso, the President of the European Parliament, Martin Schulz, the President of the European Council, Herman van Rompuy and the President of the rotating Council Presidency, President Demetris Cristofias, met at the European Commission for a working lunch to take stock of progress in the negotiations on the future EU budget, the Multi-Annual Financial Framework (MFF) 2014-2020.


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