T Nation

EU Budget Talks Collapse

Ever wonder why these little tidbits don’t get much coverage? Our leaders are TERRIFIED of a panic. Europe is on the verge of collapse, the Middle East is a powderkeg ready to blow at full bore, and China says it owns southeast Asia.

“But hey, Barry gives us free condoms and promises stuff to illegal aliens!”

"BRUSSELS â?? European Union leaders failed to reach agreement on Friday on a new seven-year budget for their troubled bloc, calling off talks in less than two days after most countries rejected deeper spending cuts demanded by Britain and its allies.

European Council President Herman Van Rompuy decided to end a summit on the 2014-2020 EU budget, worth about 1-trillion euros, and try again early next year rather than continue negotiating into the weekend, sources in six delegations said.

â??Itâ??s over,â?? one EU official involved in the talks told Reuters."