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< Nelson Mandela's Granddaughter Says He's In Critical
Jun 27, 2013 06:40
Category: General News

New Agreement May Lead To New EU Budget

BRUSSELS (AP) — A surprise agreement today could pave the way for the European Union to close the deal on a new seven-year, $1.27 trillion budget. European Commission President Jose Manuel Barroso says the deal includes more flexibility than earlier versions. It also includes the first cut to spending in EU history at a time when many of the bloc's countries are in recession.