EU- Back to the brinkmanship for leaders on perilous summit
EUROPEAN leaders gather in Brussels tonight for a budget showdown, bringing to a climax an annus horribilis that has seen the EU stagger from one setback to another. With the community mired in a constitutional crisis, economic stagnation and a crippling lack of public legitimacy and political leadership, heads of government insist that a deal on the seven-year budget at the two-day summit is essential to put the Union back on track. Tony Blair, whose presidency of the EU would be tarnished without a positive result, gave warning that failure to reach a deal, “would cast a real shadow, not just over the European Union, but over the future of enlargement too”.
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