Spain Deepens EU Budget Deadlock as Rajoy Spars With Van Rompuy

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Spanish Prime Minister Mariano Rajoy rejected a proposal for the European Union budget made by its president Herman Van Rompuy, while European Commission President Jose Manuel Barroso requested “solidarity” from members.

“The EU president’s current proposal is not acceptable for Spain,” Rajoy told reporters today following a two-day summit of Ibero-American leaders in Cadiz, southern Spain.