Leaders break off EU budget talks

EU leaders on Friday (23 November) decided to break off the 2014-2020 budget negotiations and postpone them for another summit, as a second compromise attempt failed to reconcile positions between those wanting cuts and those asking for more money.

Admitting that there are "still existing divergences," EU council chief Herman Van Rompuy at a press conference said that leaders had given him the task to continue bilateral talks in the coming weeks, with a view to a final deal early next y...