Trade

EU budget summit ends with no deal

A special European Council summit on the EUs long-term budget broke up on Friday without a deal.

The summit in Brussels started Thursday afternoon and consisted primarily of bilateral meetings lasting through the night and during the day on Friday. A compromise proposal was circulated on Friday afternoon but leaders were unable to come to an agreement on the 2021-2027 financial plan.

“Unfortunately today we have observed that it is not possible to reach an agreement,” European Council President Charles Michel toldRead More – Source