A compromise on the 2011 EU budget is likely to coalesce around a three-percent increase compared to this year's spending after a vivid discussion among EU leaders and the European Parliament's chief about the rationale of raising the figure when most capitals are being forced to cut their own budgets.
The meeting, which usually consists of EU Parliament chief Jerzy Buzek reading out a statement and then leaving, took an extra hour to wrap up, as British Prime Minister David Cameron int...
Back our independent journalism by becoming a supporting member
Already a member? Login here