Latest News:  


France & Italy: Deal on EU budget needs more work


09:14, February 05, 2013

The latest EU summit will start this Thursday in Brussels..and the EU’s budget plan will be one hot topic on the agenda. On Sunday, French President Francois Hollande and Italian Prime Minister Mario Monti held a news conference on the budget.

In the conference, Hollande said France was keen to agree to the EU’s 2014-2020 budget at the summit, but adds there’s still much to be done for a consensus to be reached. Monti agreed with Hollande’s comments, and wanted reform for the EU system of rebates, arguing that Italy’s contribution to the budget is out of proportion to its real wealth. At a meeting in November last year, the 27-nation bloc failed to agree on a one trillion euro budget.

We recommend:

Wind power now No.3 energy resource

Blackberry maker changes name, unveils new phones

China caps first 3G nuclear plant

New Zealand moves to restore trust

Lenovo ready to challenge mobile industry leaders

Airbus has big hopes for big plane


Leave your comment0 comments

  1. Name


Selections for you

  1. Navy's ships in antisubmarine training

  2. Frigates conduct drill, patrol in S. China Sea

  3. Unforgettable moments you can’t miss in Feb.

  4. A long journey that will help all women

  5. Telecom ring scammers going to jail

  6. China's weekly story (2013.01.27-01.31)

  7. Funny animals! Adapt or die!

  8. Abu Dhabi's wedding show in full swing

  9. EU telecom demands raise tensions

  10. Ministry acts on dairy safety

Most Popular


  1. Dialogue and action can improve Sino-US ties
  2. A long journey that will help all women
  3. An easier ride, but for some only
  4. U.S. further placates Europe while turning to Asia
  5. China's year of challenges
  6. Rice imports not a threat to food security
  7. Getting workers their wages on time
  8. Clean Your Plate Campaign
  9. On the Road to Recovery
  10. The Internet needs a safety net

What’s happening in China

High-profile divorce saga ends

  1. Truck blast raises safety fears
  2. Ancient tradition, modern dilemma
  3. High-end outlet for wedding belles
  4. Railway tickets resellers busted
  5. Road traffic peaks ahead of Spring Festival