European Union leaders prepare for bitter fight over budget
By Raf Casert, APBRUSSELS--British Prime Minister David Cameron set the tone Thursday for what is expected to be a bitter fight over the European Union's budget, warning that the latest proposal for a spending ceiling does not go far enough.
November 23, 2012, 12:26 am TWN
Arriving at a summit of the 27 EU leaders, Cameron voiced the concerns of several countries that do not want to see an increase in the bloc's seven-year spending plan at a time when tough spending cuts are being imposed back home.
“No, I'm not happy at all,” Cameron said about the latest offer for the 2014-2020 1-trillion-euro (US$1.28 trillion) spending ceiling, as he headed into a meeting with the author of the proposals, EU President Herman Van Rompuy.
“Clearly, at a time when we're making difficult decisions at home over public spending, it would be quite wrong — it is quite wrong — for there to be proposals for this increased extra spending in the EU.”