Sunday, July 19, 2020

Europe Cannot Agree To A Post-Coronavirus Economic Recovery Plan



BBC: Coronavirus: Wrangling over huge EU recovery plan enters third day

EU leaders trying to hammer out a huge post-coronavirus economic recovery plan are now in an unscheduled third day of a testy summit in Brussels.

Some member states believe the proposed €750bn ($857bn; £680bn) package is too large and should come as loans, rather than grants.

Austria said there was still a "way to go", while Hungary's PM lashed out at his Dutch counterpart.

Germany's Angela Merkel said a deal might not be reached on Sunday.

The third day of talks comes after a record one-day rise in new infections worldwide.

The World Health Organization (WHO) said on Saturday that new cases rose by almost 260,000 in 24 hours.

Read more ....

WNU Editor: I am sure something will be agreed upon in the end.

More News On European Leaders Not Agreeing To A Post-Coronavirus Economic Recovery Plan

EU recovery fund plan hangs in balance on day three of deadlocked summit -- Reuters
EU struggles to agree virus recovery deal as global deaths surge -- France24
Merkel and Macron Walk Out on Rutte in EU Stimulus Dispute -- Bloomberg
EU summit: Merkel warns of no deal on coronavirus recovery fund -- Al Jazeera
'Mr. No, No, No' - Why Dutch PM Rutte plays role of EU bogeyman -- Reuters

3 comments:

Anonymous said...

The bitch is not running again, when her term is up.

Will Obama or others give her the time of day, when she has been 2, 3, or 5 years out of office?

Jac said...

If a deal is done, it will be painful for the "Club Med" countries.

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