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EU nations far apart on budget but summit grinds on

2012-11-23 14:20:28

European leaders will resume gruelling EU budget negotiations shortly amid

signs that a deal may be out of reach.

The late-night talks were adjourned until midday on Friday (11:00 GMT).

A revised proposal from summit chairman Herman Van Rompuy keeps the spending

ceiling in place but reallocates funds.

UK Prime Minister David Cameron told reporters in Brussels on Friday that "it

isn't a time for tinkering" with the EU's 2014-2020 budget. "We need

unaffordable spending cut," he said.

Earlier, German Chancellor Angela Merkel said she doubted an agreement could be

reached at this meeting.

On Thursday the opening of the summit was delayed for three hours because of

stark differences over the budget plans.

Most EU members support an increase in the budget but several countries, mostly

the big net contributors, say it is unacceptable at a time of austerity.

'A lot of detail'

The revised plan from European Council President Van Rompuy keeps a total

spending ceiling of 973bn euros ( 783bn; $1.2tn). But the cuts to cohesion

spending - money for Europe's poorer regions - and to the agriculture budget

would not be as deep. The cuts to cohesion would be 11bn euros less and for

agriculture 7.7bn euros less.

Other spending items would be cut further to compensate, but there is no change

in the proposed levels of administration costs - something which the UK may

find unacceptable.

A top aide to Mr Van Rompuy, Richard Corbett, said the adjustments "reflect the

large majority view of what came out of the bilateral talks" on Thursday.

"What he put on the table was already a reduction compared with the existing

budget," covering 2007-2013, he told the BBC.

He said a deal "could still be put together, but there is a lot of detail to be

gone through".

Earlier, Mrs Merkel said "I think we're advancing a bit, but I doubt that we

will reach a deal".

Richard Corbett, advisor to the EC president, insists a deal can be reached

She has previously said that another summit may be necessary early next year if

no deal can be reached now.

French President Francois Hollande also cautioned that an agreement might not

be possible.

But he added: "We should not consider that if we don't get there tomorrow or

the day after, all would be lost."

The 90-minute session late on Thursday followed a gruelling day of face-to-face

meetings between Mr Van Rompuy and each of the bloc's leaders, followed by a

flurry of backroom discussions.

'Not happy'

The EU Commission, which drafts EU laws, has called for an increase of 4.8% on

the 2007-2013 budget - a position supported by the European Parliament and many

countries which are net beneficiaries, including Poland, Hungary and Spain.

The UK is the most vocal of EU member states seeking cuts in the budget to

match austerity programmes at home.

"No, I'm not happy at all," Mr Cameron said about Mr Van Rompuy's offer.

A Downing Street statement said Mr Cameron had stressed the importance of the

UK keeping its budget rebate, worth 3.5bn euros in 2011.

The statement called the rebate "fully justified". The EU Commission and some

EU governments want the rebate scrapped.

Possible outcomes

A deal after intense negotiations which may continue into the weekend

Failure to agree and a follow-up budget summit

If no agreement is reached by the end of 2013, the 2013 budget ceilings will be

rolled over into 2014 with a 2% inflation adjustment, amid uncertainty over

long-term EU projects

Mr Cameron has warned he may use his veto if other EU countries call for any

rise in EU spending. The Netherlands and Sweden back his call for a freeze in

spending, allowing for inflation.

Poland and its former-communist neighbours, which rely heavily on EU cash, want

current spending maintained or raised.

Mr Hollande has also called for subsidies for farming and development

programmes to be sustained for poorer nations. France has traditionally been a

big beneficiary of EU farm support.

Failure to agree on the budget would mean rolling over the 2013 budget into

2014 on a month-by-month basis, putting some long-term projects at risk.

Analysts say that could leave the UK in a worse position, because the 2013

budget is bigger than the preceding years of the 2007-2013 multi-year budget.

The UK government could then end up with an EU budget higher than what it says

it will accept now.