Euro budget deal 'close' after through-the-night talks
European leaders are set to announce a long-term deal that would see the EU budget cut, in real terms, for the first time since the European Union was created.
After through-the-night talks in Brussels, a draft proposal has been tabled which would cap the EU budget at €960bn (£818bn) between 2014 and 2020. That would trim more than €34bn off the previous budget...
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