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Good News: EU Budget Talks Collapse

debcanaan Wrote: Nov 16, 2012 4:32 PM
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I have a bit of good news today. The efforts of European Council president Herman Van Rompuy to mollify the UK and other budget hawks have created such a stir that France rejects EU budget compromise.

Jean-Marc Ayrault, the French prime minister, objected to deep cuts to agriculture spending included in the proposal, but also expressed displeasure with reductions in the development money, known as cohesion funds, that benefit poorer regions.

The biggest object of displeasure...

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