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EU summit ends after failure to reach deal on long-term budget

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02/21/2020 | 04:06pm EDT

A summit of European Union leaders ended abruptly on Friday after they failed to reach an agreement on the bloc's long-term budget, officials said.

The 27 leaders had spent two days in a standoff over the 2021-27 budget, with a gulf between countries that are net recipients of finds and wealthier member state who were determined to rein in spending.

(Reporting by Gabriela Baczynska; Writing by John Chalmers)

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