Speculation surrounding the future of a post 2013 EU budget was fuelled last week with the leaking of a first draft of the Commission’s paper emanating from the 2008/2009 EU Budget Review.

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If Irish voters deliver a 'yes' vote in the referendum on the Lisbon Treaty taking place today, then the role of the European Parliament is likely to become increasingly important in the CAP decision making process. A recent report by IEEP provides an overview of some of the new EP committees.

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The budget has succeeded in providing continued and stable funding as well as avoiding placing additional financial burdens on Member States, in a year characterised by significant economic turbulence.

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