EU Budget Summit

EU budget summit edges towards collapse

British Prime Minister David Cameron arrives for an EU summit in Brussels on Friday. Photo: AFP

French President Francois Hollande and British Prime Minister David Cameron met on Friday for  talks on the European Union budget, amid fears that talks over the bloc’s trillion-euro budget could end without a deal.

Friday, 23 November, 2012, 8:34pm

EU leaders warn budget deal far off

French President  Francois Hollande gives a press conference at the EU Headquarters on November 23, 2012 in Brussels, during a two-day European Union leaders summit called to agree a hotly-contested trillion-euro budget through 2020. Photo: AFP

European leaders voiced doubts Friday on reaching agreement on a trillion-euro EU budget for 2014-2020, as gruelling talks pushed into a second day with a deal to bridge bitter divisions seeming increasingly distant.

23 Nov 2012 - 11:14am

Fear of failure looms over EU budget summit

 British Prime Minister David Cameron speaks during a press conference during a second day of the European Union leaders summit in Brussels on June 29, 2012. Conservative Party leader Cameron is being urged by some fellow lawmakers to refuse any real terms increase in the EU budget at the summit in November 2012. Photo: AFP

An EU budget summit seemed set for trouble before it began on Thursday as leaders were to start two days of talks to agree a trillion-euro budget that has bitterly divided a 27-nation union already mired in crisis.

22 Nov 2012 - 11:46am 2 comments