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EU leaders may cancel meeting for November 22nd to 23rd over the UK threat to use its veto to thwart an EU budget plan according to Italian press Ansa

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- On the agenda for the meeting was a discussion of EU spending for 2014 to 2012 however the UK PM Cameron has threatened to veto the proposal if spending increases don't reflect austerity being imposed across the EU.

Print 13:49, 09 Nov 2012 - Economic commentary - Source: Ansa