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According to Article 312 of the TFEU, which procedure governs the adoption of a regulation laying down the European Union's multiannual financial framework?
A
The Council adopts it unanimously after obtaining the consent of the European Parliament by a majority of its component members.
B
The European Council adopts it by qualified majority after consulting the Economic and Social Committee.
C
The Council adopts it by qualified majority following the codecision procedure established under the pre-Lisbon Treaty of Nice.
D
The European Parliament and the Council adopt it jointly under the ordinary legislative procedure following a Commission proposal.
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