Protracted budget rows have been blowing up in the European Union ever since Margaret Thatcher first wielded her handbag almost 30 years ago. The EU summit on November 22nd-23rd honoured this burdensome tradition by failing to fix the eu budget for 2014-20. Instead of seeking to restore growth to Europe or designing permanent repairs to the euro in place of sticking-plasters for Greece (see page 57), the eu's leaders once again worked themselves into a lather over not very much at all.
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