Channel 4 News | EU poised to adopt first ever austerity budget Economic Times BRUSSELS: EU leaders appeared ready Friday to cut back the bloc's budget for the first time in six decades, with a tentative agreement to trim spending by three percent emerging from marathon talks. After 24 hours of talks lasting through the night, the bloc's ... EU leaders agree deal on long-term budget EU 2014-2020 budget deal done: EU's Van Rompuy Cameron triumphs as European leaders agree on first-ever budget cut |

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