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EU negotiators have brokered a deal on the bloc's spending (Photo: ecb.int)

Negotiators strike deal on €960bn EU budget

EU negotiators are on the brink of formally concluding a €960 billion deal on the next seven year EU budget, after a tentative deal between national ministers and MEPs.

Irish deputy Prime Minister Eamon Gilmore, who led the talks in Brussels on Wednesday (19 June), told reporters that he and Alain Lamassoure, the French centre-right deputy leading the parliament team, agreed compromises on the four main EU parliament concerns.

"It's a very good day for Europe," said Gilmore.

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

EU negotiators have brokered a deal on the bloc's spending (Photo: ecb.int)

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

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