EU budget in limbo after row on 2012, 2013 spending | Bangkok Post: news

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EU budget in limbo after row on 2012, 2013 spending

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Tough negotiations on the European Union's 2012 budget looked headed for collapse Tuesday after the European parliament boycotted talks just days before a key summit on the EU's longer term budget. 

European Parliament President Martin Schulz, European Commission President Jose Manuel Barroso and EU Council president Herman Van Rompuy (R), at the EU Headquarters in Brussels.

In a statement issued three hours before EU budget ministers were to go into talks on the 2013 budget, parliament refused to attend on grounds that EU nations had failed to plug an almost nine-billion-euro 2012 hole, depriving Europe's needy of key funds.

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