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EU leaders endorse creation of eurozone budget
By EUobserver
EU leaders endorsed a French plan to create a eurozone budget on Friday at their summit in Brussels. The budget, which will be aimed only at improving competitiveness and supporting convergence, will be part of the EU's long-term budget starting in 2021. Its size will be determined as part of negotiations on the EU budget. Eurozone finance ministers were tasked with working out the details.