Italy will refuse "unacceptable solutions" to EU budget - Monti
November 23, 2012 3:14 AM EST
Italian Prime Minister Mario Monti said on Thursday that Italy has been disproportionately penalised by the European Union budget up to now and it would refuse any "unacceptable solutions" that emerge from talks.
European Union leaders are facing a long and bitter tussle to agree future spending plans worth 1 trillion euros ($1.28 trillion) at the summit in Brussels.
"It is absolutely essential that Italy obtains better results than those presented in initial drafts, on the cohesion funds, agricultural funds, and on mechanisms," Monti told reporters as he arrived for the summit in Brussels.
"We will not accept solutions that we consider unacceptable," he said, adding that Italy would still be willing to work in a constructive way with EU partners if a deal was not reached at this summit.
Italy's Minister for European Affairs Enzo Moavero said on Wednesday he saw a significant chance that leaders would reach an agreement during the meeting but he has also said Italy would be ready to block an agreement if no suitable deal were reached.
(Reporting By Francesco Guarascio, writing by Catherine Hornby)
Most Popular Slideshows
- 2014 MTV Video Music Awards: Full List Of Winners, Miley Cyrus ‘Wrecking Ball’ Bags Video Of The Year [PHOTOS]
- Top 5 Richest Tennis Athletes
- Kate Middleton’s Mom Accused Of Being A Social Climber, Prince George Not Seen By Relatives
- Kate Middleton First Official Solo Trip: Details For Malta Tour Revealed [PHOTOS]
Join the Conversation
- Tourre on stand says email in SEC case 'not accurate'
- Syrian authorities blocking access to needy in Homs - Red Cross
- Faith in European Union at low ebb, EU poll says
- Former UBS banker gets 18 months, $1 million fine, for muni bid-rigging scheme
- U.S. judge halts challenges to Detroit's bankruptcy bid
- Why Moto X is Not the Best Smartphone to Purchase Now?
- Nexus 6 Release Date Will Intro Android 5.0 aka Lemon Meringue Pie with Killer Specs & Features
- Hundreds of Men Rape Teen for Three Years
- Apple iPhone 6 Release Date Two Weeks to Go Starting at $800 with New Phosphorus HealthKit Chip
- Samsung Galaxy S5 Mini vs. LG G3 S (aka LG G3 Beat, LG G3 Mini) – Specs, Features And Price Showdown
- Bill Shorten Calls Tony Abbott 'Ineligible' To Lead Australia; Government Party-Room Leaks On Abbott'sTravel Entitlements
- Google Nexus 6 Release May Be the New Google Nexus X Smartphone as New Details Emerge