EU parliament demands states allocate new revenues to next EU budget

BRUSSELS (Reuters) - The European Parliament is threatening to withhold approval of the next long-term EU budget unless EU governments allocate new sources of revenue to it, according to a draft parliamentary resolution.The trillion-dollar budget, called the Multi-annual Financial Framework (MFF), finances policies to equalise living standards across the bloc as well as the EU's agriculture policy, investment in research, development and education.It also funds measures to assist a transition to..