Deadlock at EU budget summit as rival camps dig in

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Deadlock at EU budget summit as rival camps dig in
 © CyprusMail 2020
European Union leaders appeared no closer on Friday to agreeing on the bloc’s long-term budget as poorer countries fought back in talks against “frugal” member states’ vow to rein in spending.

Setting the seven-year budget is always a tug of war, but it is fiercer than ever this time because Britain’s exit from the EU last month has left a 75 billion euro ($81 billion) gap at a time of costly new challenges from climate change to migration.

The standoff over the size of the 2021-27 budget and how to carve it up has...


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Deadlock at EU budget summit as rival camps dig in


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Article Tags: deadlock, budget, summit, rival, camps,