November 23, 2012 / 4:25 PM / 5 years ago

Merkel: sees potential for EU budget deal at start of 2013

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BRUSSELS, Nov 23 (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.

For comments by EU leaders and officials after Friday's talks click on

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