Germany signals readiness to compromise on EU budget

Germany has sent a clear signal that it is willing to compromise on the EU budget in order to help push through an agreement in two weeks time.

"Germany is prepared to move. Germany is prepared to make a contribution within the confines of its material resources. But we also expect this from the other countries", said Gerhard Schröder, following a meeting on Thursday (2 June) with the current head of the EU, Jean-Claude Juncker.

In a reference to the political crisis sparked by th...