UK, Italy views on EU budget 'not a perfect fit' says Monti

Cameron aiming to halt 2014-2012 budget rise

UK, Italy views on EU budget 'not a perfect fit' says Monti

Rome, November 13 - Premier Mario Monti said that the positions of Italy and Britain on the 2014-2020 European Union budget "present some points that don't fit perfectly together". "But there are also some points in common," said Monti after a meeting in Rome with British Prime Minister David Cameron. "First among them is that the EU budget must be aimed towards spurring growth and developing competitiveness". Cameron, who has threatened to veto any above-inflation rise in the European Union's 2014-2020 budget, is seeking to gain support for his stance among European partners ahead of a special summit in Brussels later this month. Italy and France issued a joint call last week to abolish the rebate system which grants Britain - and to a lesser extent other countries - a reduction in contributions to the European Union budget.

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