Acrimonious exchanges at European Union summit Hindu
PARIS: The European Union's first summit meeting after the historic rejection by France and The Netherlands of the proposed EU Constitution Treaty got off to a rocky start in Brussels on Thursday with acrimonious exchanges between Europe's main leaders on the contentious question of the next budget. Loudly expounded differences over budget cuts and who should give up which benefits threatened to tear the E.U. even further apart, with portentous questions hanging over the Constitution and the political future of Europe. France has spearheaded the movement for the cancellation of a multi-billion-euro rebate given to Britain in 1984 when that country was in the grip of recession. Today, Britain has one of the healthiest economies in the Union and other member states say the rebate is no longer justified.
Blair faces clash over EU budget Central TV
European Leaders Gather to Restore a Union Divided Washington Post
MSN Money - Voice of America - Financial Times - New York Times - all 545 related »