EU leaders to look at new budget proposal worth 1.07% of GNI - sources

European Union leaders locked away in Brussels to discuss their next joint budget will next tackle a proposal that would cap spending at 1.069-1.07% of the bloc's gross national income, two sources told Reuters on Friday.

The 27 national leaders seemed as far away from a deal as they were before arriving for a summit in Brussels on the size of their next budget for 2021-27 and ways to spend it.

They started with a baseline proposal of 1.074% and, more than 24 hours and dozens of bilateral meetings and separate negotiating huddles later, were due to reconvene at 1700 GMT.