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A deal in sight on the EU budget? (Photo: Images_of_Money)

Parliament ready to strike deal on EU budget

MEPs are ready to accept the 3 percent EU budget cut agreed by governments in return for more flexibility, according to documents seen by EUobserver.

A draft resolution setting out the European Parliament's negotiating stance makes no mention of the figures agreed by EU leaders. Instead, MEPs would condition their support on governments agreeing to a "compulsory and comprehensive revision, a maximum overall flexibility, an agreement on own resources and the unity of the EU budget."

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