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European Community (Budgetary Discipline)

Volume 75: debated on Tuesday 12 March 1985

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Q88.

asked the Prime Minister if she is satisfied with the progress made by the European Economic Community in fulfilling the conditions on budgetary discipline which were agreed at the Fontainebleau summit as a precondition to any increase in resources.

The Council's conclusions on budget discipline first apply to decisions in 1985 affecting expenditure in 1986. In accordance with these conclusions, the Commission has made proposals on agricultural prices which it states are consistent with the financial guideline for agricultural spending in 1986 and Finance Ministers agreed yesterday to a new five-year limit for expenditure on agricultural structures.