Details of the UK presidency's EU budget proposals are beginning to leak from Westminster, sketching out a reduction in overall spending compared to the Luxembourg presidency's ideas in June.
An EU official told EUobserver that London’s negotiating box, which will serve as a basis for EU leaders' talks on 16 December, will cap spending commitments at 1.03 percent of EU gross income.
UK diplomats indicated the early information should be treated with caution however, saying that "...
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