Which article governs the annual EU budgetary procedure?

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Answer

Article 314 TFEU — the Parliament and Council jointly adopt the annual budget on a Commission proposal.

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A special procedure with a single reading and a Conciliation Committee if they disagree.

Consolidated TFEU (EUR-Lex) — eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:12016E/TXT

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