EU leaders win breakthrough EU budget deal - WAOW - Newsline 9, Wausau News, Weather, Sports

EU leaders win breakthrough EU budget deal


European Union leaders reached an outline deal Friday on the 27-country bloc's 960 billion euro ($1.3 trillion) seven-year budget, overcoming British objections to sign off on the agreement.

   British Prime Minister David Cameron had held out for better financial conditions, overshadowing a summit called to approve plans to deal with the continent's youth unemployment problems.

   However, in the end, all 27 nations backed the budget deal. EU President Herman Van Rompuy said `'it is a quite clear `yes'," when it came to unanimous backing of the 2014-2020 spending plan.

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