France's Hollande sees budget deal unlikely on Friday
BRUSSELS (Reuters) - French President Francois Hollande said it looked unlikely that European Union negotiators would reach an agreement on Friday on the bloc's nearly 1 trillion euro budget for the next seven years, although he said a delayed deal would not be serious.
"Everyone agrees this is going to take time," Hollande told reporters. Asked whether EU leaders could fail to resolve their differences on Friday he said: "That's the most likely outcome."
The EU is expected to convene a further summit if leaders continue to disagree over spending levels at the end of the two-day meeting. The meeting was suspended shortly after midnight on Thursday so that EU leaders can examine a revised budget plan.
The summit will reconvene at midday on Friday.
(Reporting by Emmanuel Jarry; Writing by Catherine Bremer)
- Tweet this
- Share this
- Digg this
- Malaysia Airlines plane missing, presumed crashed in South China Sea
- Malaysian plane with 239 aboard crashes - report
- UPDATE 3-U.S. FDA probes cognitive impact of new cholesterol drugs
- CORRECTED-UPDATE 4-Malaysia Airlines plane crashes in South China Sea with 239 people aboard - report
- Ukraine standoff intensifies; Russia says sanctions will 'boomerang'
PLANE GOES MISSING
A Malaysia Airlines flight carrying 227 passengers and 12 crew went missing over the South China Sea on Saturday, presumed crashed, as ships and planes from countries closest to its flight path scoured a large search area for any wreckage. Full Article