23 November 2012 Last updated at 04:17 ET

EU budget: David Cameron says not enough progress made

David Cameron is in Brussels with the 27 EU leaders

UK Prime Minister David Cameron says there is a "real problem" with a lack of progress in EU budget talks as they enter a second day.

Mr Cameron said it was not the time for "tinkering" with the money spent.

Instead, he told reporters, the EU needed to cut "unaffordable spending" as had been done in the UK.

Talks on the 2014-2020 budget resume at noon after Thursday night's discussion. Most EU members want a budget increase, but the UK and some others oppose that.

Source : bbc[dot]co[dot]uk