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12/8/05

IOL: Chirac says he wants an EU budget deal

IOL

Chirac says he wants an EU budget deal

President Jacques Chirac today told the EU commission’s president that he wants a deal on the European Union’s budget at a summit next week. Chirac said a “good agreement” on the contentious budget question should adhere to “the three requirements of solidarity, fairness and stability,” said spokesman, Jerome Bonnafont. Chirac made the remarks in an hour-long meeting with European Commission President Jose Manuel Barroso. Deadlock over the EU’s 2007-2013 budget risks paralysing the 25-nation bloc. Failure to reach a deal at the December 15-16 summit in Brussels,, could propel the EU into a prolonged crisis.

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