Member states and MEPs fail to agree on budget

The EU's budget for 2011 and talks on extra funding needs for international nuclear fusion project ITER were left hanging on Monday night after member states and the European Parliament failed to reach a deal, despite an agreement on the figures.

MEPs blamed member states' refusal to agree on some of their demands such as the need to increase the EU's own sources of funding. The states said they did not want to discuss a reform of the EU's financing system as part of talks on the 2011 budget.

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