Richard North, 16/05/2005  

Such is the state of the negotiations on the EU budget settlement that Jean-Claude Juncker, Luxembourg prime minister, was able to walk out of the ECOFIN council, which concluded this weekend, to tell journalists: "I'm happy to be able to announce to you an agreement."

However, before getting excited (if that's what turns you on), it seems that the hapless Juncker was only announcing that the finance ministers were agreed on one thing - the single fact that they didn't agree.

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