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The European Union’s foreign embassies have been told to cut back on “lavish” parties and private drivers after a massive overspend of £36million. Brussels urged to drop spending on boozy bashes by around five per cent after breaching its own spending rules. The “severe austerity measures”, which were enforced on the European External Action Service, also sparked concern about security. Eurocrats are even mulling over the closure and sale of 145 worldwide delegations in a bid to balance Brussels’ lopsided books. A spokesman said: “We have reduced all the expenditure we possibly could, we opera…

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