EU leaders win breakthrough EU budget deal

BRUSSELS (AP) ? European Union leaders reached an outline deal Friday on the 27-country bloc's 960 billion euro ($1.3 trillion) seven-year budget, overcoming British objections to sign off on the agreement.

British Prime Minister David Cameron had held out for better financial conditions, overshadowing a summit called to approve plans to deal with the continent's youth unemployment problems.

However, in the end, all 27 nations backed the budget deal. EU President Herman Van Rompuy said "it is a quite clear 'yes'," when it came to unanimous backing of the 2014-2020 spending plan.

Source: http://news.yahoo.com/eu-leaders-win-breakthrough-eu-budget-deal-235013580.html

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