EU summit did not come to an agreement on the budget 2014-2020

November 23 in Brussels EU summit ended, at which the Chair of the European Union, Herman Van Rompuy, said that before the start of next year will not be able to reach agreement on seven-year financial perspective for the EU 2014-2020. According to him, it is necessary to discuss additionally the long-term budget plan for the EU.

On the basis of: http://www.interfax.ru/

Expert’s opinion

«Slowly overcome incredible difficulties, losing a lot of money to fund financial bubbles and entire countries loafers, Germany comes to understanding that charity, multiplied by financial fraud leads to the degradation of the whole Europe. France is a traditionally a united front against Germany, now is hit by the socialist plague and is not able not yet to make sound and informed decisions.

Probably it should take some more time, maybe Europe should survive the cold, to understand that only the labor and industry of real products and services, not socialism and "money is also a product" will help the EU from the depths of the crisis» 

Lomakin Yaroslav ( Managing Partner of Honest & Bright Company Ltd)