EU summit: leaders warns of tough budget talks

Friday, February 08, 2013
German Chancellor Angela Merkel said
national positions were "still quite apart"
[PHOTO: Armin Linnartz CC BY-SA 3.0]


Brussels:EU leaders gathering for a two-day summit in Brussels are warning of tough talks on a new seven-year budget for the 27-member bloc.

U.K. Prime Minister David Cameron said there would be no agreement at the summit without further spending cuts.

German Chancellor Angela Merkel said national positions were "still quite apart."

The start of the summit on February 7 was delayed for several hours to allow for further bilateral talks to seek compromise.

Britain, Germany, and other northern states insist on lower EU spending to reflect national spending cuts.

Southern and eastern states want funding to continue that supports poorer member states.

The 1.02 trillion-euro ($1.35 trillion) budget originally proposed by the European Commission has already been cut back to 943 billion euros ($1.25 billion).

Copyright (c) 2013. RFE/RL, Inc. Reprinted with the permission of Radio Free Europe/Radio Liberty, 1201 Connecticut Ave., N.W. Washington DC 20036.
Next Post »