- Infowars - http://www.infowars.com -
EU in Fresh Trouble as Budget Summit Faces Collapse
November 19, 2012
The European Union looks set for fresh trouble this week as an extraordinary summit called to agree a long-term trillion-euro budget heads for an ugly showdown, possibly even failure.
Already weakened by three years of economic crisis, the 27-nation bloc of half a billion people faces new trauma at the two-day summit starting Thursday after weeks of talks that have exposed stark divisions between pro- and anti-austerity nations, as well as between the haves and have-nots.
“It’s a lose-lose summit,” said a senior EU diplomat. “Absolutely no one will leave this summit content if by chance we reach a solution.”
Article printed from Infowars: http://www.infowars.com
URL to article: http://www.infowars.com/eu-in-fresh-trouble-as-budget-summit-faces-collapse/
Copyright © 2013 Infowars. All rights reserved.