EU nations end summit without agreement on budget

The Malta Independent | Feb 21, 2020 at 7:37 PM
  • European Union nations broke up a marathon summit without a deal Friday and will have to reconvene for another budget meeting in the coming weeks.
  • The so-called “Frugal Four” of Austria, Denmark, the Netherlands and Sweden, and a few others, believe the EU’s 2021-2027 budget, which is meant to fund ambitious climate change and digital economy policies, should amount to 1% of the 27-nation trading bloc’s gross national income.