BUDGET: EP BACKS REVISION OF FINANCIAL REGULATION.
Sitting in plenary session, the European Parliament voted on June 12 to endorse the agreement secured on June 4 by its delegation, led by Terence Wynn (PES, United Kingdom), Chairman of the Budgets Committee, and the Council on revision of the Regulation applicable to the General Budget of the European Communities (see European Report 2689 for further details). Rapporteur Gianfranco Dell'Alba (Ind, Italy) claimed "the European Parliament can be well satisfied. The revision of the Financial...
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