Voice of America: EU Leaders Brace for Bitter Budget Battle

Voice of America Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries

EU Leaders Brace for Bitter Budget Battle Nov 22nd 2012, 13:52 European Union leaders prepared Thursday for a summit on a proposed budget that has divided the 27-nation bloc already facing economic crisis. The two-day summit officially opens Thursday evening in Brussels. In a battle pitting wealthy member states against those seeking a bigger aid budget, British Prime Minister David Cameron has threatened to use his veto unless spending levels are frozen. The current 2007-2013 budget is $1.28 trillion and the next one would cover spending through 2020. ... Media files: CFE69911-C83F-400D-AE42-636D086D98BC_cx0_cy0_cw0_w800_r1.jpg?nocache=1 (image/jpeg, 0 MB)

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