| Publication |
2013.
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| Summary/Abstract |
ON NOVEMBER 22-23, 2012, the extraordinary EU summit met in Brussels to discuss the EU budget despite the rumors that the UK might veto its decisions thus making the summit useless and even cancel it. The Brussels summit convened to discuss the next long-term budget for 2014-2020, the Multiannual Financial Framework (MFF) failed to deliver. Normally, the European Union needs two summits to reach a budget agreement. This time, President of the European Council (the EU highest political body consisting of heads of state and government of the member-states) Herman Van Rompuy should be ready with a new draft MFF by February 2013, the time of the next budget summit.
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