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EU Budget Talks End With No New Deal

by Tom Kludt

11.23.12 | 7:00 am

Leaders of the European Union on Friday fell short in an effort to produce a new seven-year budget for the financially troubled coalition, Reuters reports. The end of the negotiations comes on the heels of calls by Britain and others for sweeping spending cuts, a proposal rejected by most countries. Talks will resume in early 2013.

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Tom Kludt Tom Kludt is a reporter for Talking Points Memo based in New York City, covering media and national affairs. Originally from South Dakota, Tom joined TPM as an intern in late-2011 and became a staff member during the 2012 election. He can be reached at tom@talkingpointsmemo.com.

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