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URGENT ¥¥¥ Merkel unsure of EU budget deal, positions 'quite far apart'

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(Globalpost/GlobalPost)

German Chancellor Angela Merkel said Thursday she was not sure that EU leaders will be able to reach a deal on the bloc's contentious 2014-20 budget.

"We can not say yet if there will be an agreement ... the positions are still quite far from each other," Merkel said as she went into a summit meeting dominated by differences over the budget, with Germany among those seeking cuts to spending.

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http://www.globalpost.com/dispatch/news/afp/130207/urgent-merkel-unsure-eu-budget-deal-positions-quite-far-apart