British Prime Minister David Cameron suffered an important defeat in parliament on Wednesday (31 October) when opposition Labour party MPs sided with eurosceptics in his own Conservative party to demand a reduction in the EU budget
MPs voted by 307 to 294 in favour of a Tory-rebel amendment calling for the 2014-2020 EU budget to be "reduced in real terms."
Ahead of the vote, Cameron portrayed himself as tough on Brussels but left wiggle-room to agree to an EU budget increase in l...
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