EU rebate under threat - papers 8th June

The Financial Times says the prime minister is coming under intense pressure to give up part of Britain's rebate to the EU budget as part of a deal that would see big cuts to European rural subsidies. The paper says Jean-Claude Juncker, prime minister of Luxembourg, will meet Tony Blair and French president, Jacques Chirac, over the next few days to try to hammer out a compromise deal before the EU summit on June 16-17.The FT claims Luxembourg, which currently holds the EU presidency, knows Blair will only move on the rebate if Chirac agrees to cuts in subsidies for his country's farmers...