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Member States are increasing the pressure on the eve of the European Council meeting scheduled for February 7-8 to discuss the 2014-2020 budget. Negotiations "have entered a decisive phase, but nothing was finalised at the February 4 European Affairs Ministers' meeting, notes the daily newspaper.

Danish Prime Minister Helle Thorning-Schmidt said she was ready to veto the budget if her country is not granted a rebate of one billion crowns (€134m) on its contribution.