EU Budget Measures for UK Withdrawal (2019)

Summary

The European Parliament has given its consent to a draft regulation regarding the implementation and financing of the 2019 EU budget, specifically addressing the impact of the United Kingdom's withdrawal.
10 15.07.2019
Other
finance
economy
european union
public finance and budget policy

Key points

  • The European Parliament has formally given its consent to a draft Council regulation regarding the 2019 budget.
  • The measures are specifically designed to address the implementation and financing of the EU general budget in light of the United Kingdom's withdrawal.
  • The regulation is based on specific legal provisions within the EU treaties to allow for these budgetary adjustments.
  • These financial measures are intended to apply to the 2019 fiscal year.
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