EU negotiators agree to 135.5 billion Euro budget for 2014
BRUSSELS (Reuters) - European Union spending will total 135.5 billion euros ($182 billion) in 2014 under a deal reached by EU negotiators on Tuesday, which included extra funds to fight soaring youth unemployment in the 28-nation bloc.
The deal, which cuts EU spending by about 6 percent from this year, is the first to reflect the new terms for EU budgets from 2014-20 agreed by the bloc's leaders in February and had little room to manoeuvre on the overall figures involved.
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