Austerity Summit EU Budget Compromise Faces Major Hurdles

EU leaders are meeting in Brussels on Thursday and Friday to hammer out a budget for the next seven years. Massive differences over how much to spend on agriculture, development and administration will make a compromise extremely difficult.
France's President François Hollande welcomes German Chancellor Angela Merkel at a friendly international football match between France and Germany on Wednesday.

France's President François Hollande welcomes German Chancellor Angela Merkel at a friendly international football match between France and Germany on Wednesday.

Foto: PATRICK KOVARIK/ AFP