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    EU leaders set for budget showdown

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    euronews (in English)

    by euronews (in English)

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    EU leaders will hold tough talks over the next two days over how much the 27-member club will spend over the next seven years.

    The European Commission wants just over one trillion euros, a real terms increase of five percent from 2012 spending.

    Council President Herman Van Rompuy suggests trimming that by 75 billion.

    ...
    http://www.euronews.net/