EU leaders at odds over filling €75bn Brexit shortfall

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Agreement on a final budget deal at summit is unlikely, says Mette Frederiksen, Danish PM

A summit to fix the EU’s long-term budget looked in danger of ending in failure after less than a day of talks, with leaders miles apart on how to fill the €75bn (£63bn) hole left by Brexit.

As sources predicted a potential early close in Brussels, the European council president, Charles Michel, came under criticism for aiming “far too high” with a proposed budget of 1.074% of the bloc’s gross national income (€1.094tn).

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