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IPFS News Link • Economy - International

EU lawmakers reject $1.3tn budget proposal

• AP
The European Parliament overwhelmingly rejected a proposal for the European Union's €960 billion ($1.3 trillion) budget Wednesday, in the latest example of the lawmakers newfound resolve to stand up to the union's national leaders.

"This is an important step for the European democracy," said European Parliament President Martin Schulz.

 

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