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Coalition divided over referendum on new EU budget rules

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The government provisionally committed on Wednesday to holding a referendum on whether to sign up to the European Union’s new budget and fiscal agreement, despite opposition from TOP 09, a junior party in the center-right coalition. A definitive decision will be taken when the exact terms of the treaty are finalized. The government also discussed providing a loan to the International Monetary Fund (IMF) but no decision was reached.

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