Kenny and EU leaders meet for second day of budget talks

The Taoiseach is meeting with other European Union leaders in Brussels for a second day of talks on a new seven-year budget for the eurozone.

Yesterday, Enda Kenny said there would be no deal on Ireland's bank debt before the end of the year.

While the proposed EU budget has been reduced, it is reported that the British Prime Minister would like further cuts.

David Cameron has indicated that he may use his veto if other EU countries call for any rise in spending.

German Chancellor Angela Merkel and French President Francois Hollande are warning that any deal may have to wait.

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