PARIS (AP) — Negotiations over next year's European Union budget have collapsed after a dispute between member states and the European Commission over a shortfall in the 2012 budget. The talks, which essentially ended before they began, could be a sign of trouble ahead for longer-term EU budget issues. At issue was a €8.9 billion ($11.3 billion) shortfall for 2012, according to the European Commission, which asked the states to cover the sum. Several states imposing spending cuts at home questioned the amount. In a statement on his website, the European Parliament lead negotiator Alain Lamassoure said the commission must submit a new proposal before talks, which face a Tuesday deadline, could continue. The only agreement Friday was for €670 million in aid to Italian earthquake victims — but not how to fund it.
EU annual budget talks collapse, in worrying sign
Nov. 10 7:14 AM EST
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