The Permanent Representatives Committee (COREPER I) on December 11 in Brussels confirmed the compromise text regarding the Proposal for a Regulation of the European Parliament and of the Council on establishing a Union programme to support specific activities in the field of financial reporting and auditing for the period of 2014-2020. This allows reaching a first reading agreement with the European Parliament on the Regulation, after the formal voting in the European Parliament and later formal adoption in the Council.

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