EC own resources: procedures concerning ceilings

The European Parliament adopted the report by Mr COLOM I NAVAL (PSE, E). In doing so, it approved the Commission proposals on these amendments. The amendments to the proposal for a regulation on the system of own resources reiterate the provisions of the new interinstitutional agreement of 29 October 1993 on annual adjustment and revision of the financial perspectives and the undertaking to adhere to annual ceilings on expenditure during the course of each budgetary procedure and find a suitable way of dealing with negative balances.�