Tuesday

6th Dec 2016

Ticker

Italy to block mid-term revision of EU budget

Brussels is set for intense budget negotiations ahead of a Thursday deadline for a mid-term review of the current budget, which ends in 2020. Italy in particular is unhappy with the proposed adjustments, saying more money is needed to deal with refugees. Its European affairs minister Sandro Gozi said on Tuesday that Italy had "confirmed its reservation" against the proposed compromise from the Slovak presidency.

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