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URGENT ¥¥¥ EU budget summit opens hours late

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(Globalpost/GlobalPost)

EU leaders opened tough talks over a trillion-euro budget hours late Thursday amid sharp differences over spending cuts and investment for growth and jobs.

The meeting got underway almost six hours behind schedule as leaders of the 27-nation bloc held backroom talks and Britain, notably, pressed for huge cuts in EU spending over the rest of the decade.

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http://www.globalpost.com/dispatch/news/afp/130207/urgent-eu-budget-summit-opens-hours-late