Protesters hold a banner outside a government job centre in Madrid on Thursday. A two-day European Union budget summit in Brussels is finding itself torn between a hard-line Britain, which seeks tough spending cuts, and a stimulus faction led by France, which wants policies to slash unemployment and promote growth. Photo: Reuters Protesters hold a banner outside a government job centre in Madrid on Thursday. A two-day European Union budget summit in Brussels is finding itself torn between a hard-line Britain, which seeks tough spending cuts, and a stimulus faction led by France, which wants policies to slash unemployment and promote growth. Photo: Reuters
Protesters hold a banner outside a government job centre in Madrid on Thursday. A two-day European Union budget summit in Brussels is finding itself torn between a hard-line Britain, which seeks tough spending cuts, and a stimulus faction led by France, which wants policies to slash unemployment and promote growth. Photo: Reuters

EU nears deal on budget cuts at marathon summit

Protesters hold a banner outside a government job centre in Madrid on Thursday. A two-day European Union budget summit in Brussels is finding itself torn between a hard-line Britain, which seeks tough spending cuts, and a stimulus faction led by France, which wants policies to slash unemployment and promote growth. Photo: Reuters Protesters hold a banner outside a government job centre in Madrid on Thursday. A two-day European Union budget summit in Brussels is finding itself torn between a hard-line Britain, which seeks tough spending cuts, and a stimulus faction led by France, which wants policies to slash unemployment and promote growth. Photo: Reuters
Protesters hold a banner outside a government job centre in Madrid on Thursday. A two-day European Union budget summit in Brussels is finding itself torn between a hard-line Britain, which seeks tough spending cuts, and a stimulus faction led by France, which wants policies to slash unemployment and promote growth. Photo: Reuters
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