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Regional policy could be the biggest victim when the EU begins the fight over where to cut back spending.
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Europe 2020 goals
Employment: 75% of people aged 20-64 to be in employment
R&D: 3% of the EU's output spent on research and development
Climate change: reduce EU greenhouse-gas emissions by 20% (compared to 1990), improve energy efficiency by 20% (compared to ‘business as usual'), and get 20% of EU energy needs from renewables
Education: reduce school drop-out rates below 10% and ensure that at least 40% of people aged 30-34 have a degree (third-level education)
Poverty: at least 20 million fewer people in or at risk of poverty and social exclusion
Putative coalition agreement backs financial transaction tax, common resolution fund for ailing banks.
Finance ministers agree to freeze nearly €500m unless Hungary corrects public deficit by end of the year.
The European Union's aid to economically deprived regions and social groups has become a battleground for arguments over the size of the Union's budget.
Co-financing share cut to 5% for six member states.
The Parliament warns against shrinking the budget for cohesion policies.