URGENT ¥¥¥ France's Hollande says EU budget deal is 'good compromise'

France's President Francois Hollande on Friday said an EU deal on the bloc's multi-year budget was "a good compromise."

"It was an agreement that as usual was long to produce, but which I believe is a good compromise," he said at the close of a marathon 25 hours of tough talks over the almost trillion-euro budget for 2014-2020.