EU 2013 budget talks end in failure


BRUSSELS: Talks on the European Union's 2013 budget collapsed in acrimony on Friday, denting hopes of a swift deal later this month on the bigger issue of the bloc's long-term spending for 2014-2020.

Negotiators for EU governments and the European Parliament walked out without even discussing next year's spending blueprint, after 8 hours spent squabbling over a request for 9 billion euros in extra cash to fill a funding gap in 2012.

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