France rejects EU draft budget plan
Agencies: Paris, Nov 15 2012, 13:36 IST
French Prime Minister Jean-Marc Ayrault on Thursday rejected a draft budget proposed by European Union chief Herman Van Rompany, saying the limits it proposes on farm subsidies were unacceptable.
This proposal in no way constitutes a basis for negotiation that is acceptable for France in terms of ceilings on spending proposed for the common agricultural policy, Ayrault said in a statement.
Ayrault said France was ready to seek an agreement at next week's talks on the seven-year budget, which Britain, pushing for spending cuts, has already threatened to veto.
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