Brussels, 30 October 2012
Statement from the European Commission on the negotiating box on the next Multiannual Financial Framework presented by the Cypriot Council Presidency
The Commission takes note of the negotiating box which the Cypriot Presidency has proposed.
This negotiating box is not supported by the Commission.
The Commission remains committed to its proposal, which strikes the right responsible balance in times of crisis, both in the overall amount and in the balance between policies.
The next MFF needs to be a tool for investment in growth and jobs.
The Commission will continue to work hard for agreement at the November European Council and with the EP by the end of the year.