Biggest EU states reject proposed budget hike

BRUSSELS (Reuters) - The countries that bankroll the European Union rejected a proposed 5 percent rise in the bloc's 2014-2020 budget on Monday, saying it failed to reflect the austerity cuts being made by national governments.<img width='1' height='1' src='http://mf.feeds.reuters.com/c/871/f/415342/s/183d3265/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr><td valign='middle'><a href="http://res.feedsportal.com/viral/sendemail2.html?title=Biggest+EU+states+reject+proposed+budget+hike&link=http%3A%2F%2Fuk.reuters.com%2Farticle%2F2011%2F09%2F12%2Fuk-eu-budget-idUKTRE78B2VC20110912%3FfeedType%3DRSS%26feedName%3DtopNews" target="_blank"><img src="http://res3.feedsportal.com/images/emailthis2.gif" border="0" /></a></td><td valign='middle'><a href="http://res.feedsportal.com/viral/bookmark.cfm?title=Biggest+EU+states+reject+proposed+budget+hike&link=http%3A%2F%2Fuk.reuters.com%2Farticle%2F2011%2F09%2F12%2Fuk-eu-budget-idUKTRE78B2VC20110912%3FfeedType%3DRSS%26feedName%3DtopNews" target="_blank"><img src="http://res3.feedsportal.com/images/bookmark.gif" border="0" /></a></td></tr></table></div> [More]

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