EU goes into meeting frenzy ahead of February 20 summit on next seven-year budget

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European Union leaders and institutions went into a frenzy of meetings this week to start the toughest job the bloc faces this year: agreeing on a ...

European Union leaders and institutions went into a frenzy of meetings this week to start the toughest job the bloc faces this year: agreeing on a seven-year budget that for many is the most tangible sign of what a united Europe will look like after Brexit.

"These are the most difficult negotiations we are facing," a senior EU official involved in the process said. The talks are unusually tough because the departure of Britain, one of the top net contributors to the budget, leaves a net annual gap of more than 9 billion euros on average. "People have to get out of their domestic situation and look at the broader picture," the official said."The situation will not get easier as we wait. If we delay ...it will create serious practical and political problems."

 

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