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Battle Lines Sharpen In Fight Over Seven-Year Eu Budget


Ron Burgundy
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BRUSSELS (Reuters) - European Union negotiators are close to securing British and German backing for a deal on nearly a trillion euros of spending over the next seven years, but concessions will be needed to win support from France, Poland and some southern European states. European Council President Herman Van Rompuy, who is chairing the summit of EU leaders, has to win over London and northern European states furious at a proposed hike in EU spending over 2014-2020 by making deep cuts to the plans. ...

 

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