Latest Breaking News On - Philippine chamber - Page 1 : vimarsana.com

The battle of the budget in brussels in shaping up to be very much a north south confrontation with europes rich northern countries calling for a further deep spending cuts. But in the south, countries like greece and spain say four years of austerity are enough. They are calling for spending to be eased to spur growth and create jobs. After it failed budget summit in november, stakes are high this time around for some kind of deal. British Prime Minister David Cameron wants the eu to mend what he sees as its wasteful ways. He made his point by arriving on foot, not in a chauffeurdriven limousine. He went into the talks in a bullish mood. The numbers that were put forward were much too high. They need to come down, and if they do not, a to be a done deal. That puts him on a collision course with many other eu leaders who argue the block needs a 1 trillion budget to fight unemployment, Fund Education and training and invest in the future. I of europe goes for compromise at any cost and

District of columbiaUnited statesSouth africaBruxelles capitaleNordrhein westfalenUnited kingdomAl qahirahKrasnodarskiy kraySouth africansAngela merkelVladimir putinChokri belaidMario draghiMatt damonDavid cameronGreece spain