EU parliament won't agree to next EU budget without new EU revenue -draft
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BRUSSELS (Reuters) - The European Parliament will not give a green light to the European Union's next long-term budget unless EU governments agree to give the 7-year spending plan new dedicated sources of revenue from taxes, a draft resolution showed on Wednesday.The consent of the parliament is necessary for the 27-nation bloc to have the long-term budget, which is to start in 2021 and equals around 1% of EU output, or 140 billion euros a year. The budget EU finances policies to equalise living..