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Hollande: Franco-German 'engine' will reach budget compromise

22.11.12 @ 17:23

  1. By EUOBSERVER

French President Francois Hollande said upon arrival in Brussels he is confident the "Franco-German engine" will be able to forge a compromise on the EU budget for 2014-2020. Hollande is due to meet Merkel who a few minutes earlier dampened hopes for a deal, saying another meeting may be needed.