Eurozone treaty: Budget deficits to be capped

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BRUSSELS – European Union leaders agreed Monday to move forward with a plan to forge a tighter budgetary union among countries that use the euro currency, including tougher sanctions on nations that spend beyond EU-set limits.

But some experts warned that the citizens of some countries may object to ceding authority to the EU as Greece sinks further in debt and the European public loses patience with a rescue that has dragged on for two years.

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