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situation report

Nov 14, 2012 | 09:55 GMT

EU: Lawmakers Walk Out Of Budget Talks

Lawmakers from the European Parliament on Nov. 13 walked out of talks with the European Council over the union's 2013 budget, Euractiv reported Nov. 14. European Parliament President Martin Schulz pulled his negotiating team out of talks set for that evening because there is no agreement among member states on a supplementary budget for 2012, Schulz said. Differences in priorities continue to emerge between Europe's core and peripheral economies.

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