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MEPs to consider second proposal for 2013 budget

The Council of Ministers has endorsed a draft package agreement on the 2013 annual budget and an amended budget for 2012, which will now pass to the European Parliament for approval.

Details of the budget package, drafted by representatives from the Council, the European Parliament and the European Commission in negotiations on 29 November, have not been officially published. However, Brussels-based news outlets have reported the agreement is to add €6 billion to the budget for 2012 and a budget for 2013 of €132.8bn in payments.

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