EU budget deal may face rough ride in parliament
- Published: 10 Feb 2013 at 01.44
- Online news: World
EU leaders may think they have settled the bloc's 2014-20 budget but it is the European Parliament, angry at the first ever cut, that now has the final say and early signs point to tough talks ahead.
European Council President Herman Van Rompuy (R) and European Commission President Jose Manuel Barroso attend a press conference at the EU Headquarters on February 8, 2013 in Brussels. EU leaders may think they have settled the bloc's 2014-20 budget but it is the European Parliament, angry at the first ever cut, that now has the final say and early signs point to tough talks ahead.
Stung by the agreed three percent reduction in EU spending over the next seven years, parliamentary leaders were quick Friday to reject the hard-won deal, saying it would undermine Europe's future and could even be illegal if it resulted in Brussels running a budget deficit.
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