Van Rompuy: further EU budget cuts could be considered

BRUSSELS Fri Nov 23, 2012 11:36am EST

European Council President Herman Van Rompuy holds a news conference at the end of an EU leaders summit discussing the EU's long-term budget at the European Union (EU) council headquarters in Brussels November 23, 2012. REUTERS/Sebastien Pirlet

European Council President Herman Van Rompuy holds a news conference at the end of an EU leaders summit discussing the EU's long-term budget at the European Union (EU) council headquarters in Brussels November 23, 2012.

Credit: Reuters/Sebastien Pirlet

BRUSSELS (Reuters) - European Union leaders failed to reach agreement on a new seven-year budget for their troubled bloc, calling off talks in less than two days after most countries rejected deeper spending cuts demanded by Britain and its allies.

(Brussels newsroom)

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