Ch.2 Institutional Structure Article
Question
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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