EU looks to nudge down spending plans to break budget deadlock

BRUSSELS (Reuters) - European Union leaders were looking on Friday to rein in their proposed spending from 2021 in a bid to break a budget deadlock that pits the bloc's few wealthy net contributors against their poorer peers who benefit from handouts.Some 24 hours of talks between the national leaders in EU hub Brussels have so far failed to bridge divisions over the size of their next seven-year budget and how to spend it.Denmark, Austria, Sweden and the Netherlands have dug in their heels,..