Post by dunki31 on Mar 3, 2024 22:55:27 GMT -5
European Union leaders tried for a third straight day on Sunday to reach a stimulus deal to combat the fallout from the coronavirus, but German Chancellor Angela Merkel said the escalation of spats over the level of spending would not be easy to resolve. overcome. Germany and France are seeking an economic recovery package of 1.8 trillion euros to rescue the bloc's economies facing the worst recession since World War II. The most debatable issues are the size of the new recovery fund and in what proportions the grants and loans should be. Some wealthier states, such as the Netherlands, are calling for the package to be more limited, highlighting how deep the north-south divides are within the European Union.
Meanwhile, the summit faces difficulties Cambodia WhatsApp Number Data in reaching agreement on the size of compensation that the richest countries receive from the EU budget as well as on a proposed new mechanism for the rule of law, which could block EU funds. for countries that violate democratic principles. Read also: Bloomberg: Macron-Scholz tensions at boiling point Várhely's mathematics and the mock-summit Greek Prime Minister Kyriakos Mitsotakis, whose country was just beginning to recover from a 10-year debt crisis when it was hit by the pandemic, called for unity, saying it was not in the EU's interest to appear divided. and weak. "I sincerely hope that today we will be able to break the deadlock," he told reporters in Brussels.
The leaders, who wore face masks, called the summit a key moment for nearly 70 years of European integration. Officials and experts have said that failure to reach an agreement, in an unprecedented atmosphere of economic crisis, would raise serious questions about the stability of the bloc. "There is a lot of goodwill, but also a lot of positions (unchanged). I will make every effort but there is a possibility that no result will be achieved," said Mrs. Merkel. DISPUTES WITHIN THE BLOCK Dutch Prime Minister Mark Rutte, who faces parliamentary elections in March 2021, spoke openly about the splits with France and Germany on Saturday night. "They left upset," he said of Chancellor Merkel and French President Emmanuel Macron.
Meanwhile, the summit faces difficulties Cambodia WhatsApp Number Data in reaching agreement on the size of compensation that the richest countries receive from the EU budget as well as on a proposed new mechanism for the rule of law, which could block EU funds. for countries that violate democratic principles. Read also: Bloomberg: Macron-Scholz tensions at boiling point Várhely's mathematics and the mock-summit Greek Prime Minister Kyriakos Mitsotakis, whose country was just beginning to recover from a 10-year debt crisis when it was hit by the pandemic, called for unity, saying it was not in the EU's interest to appear divided. and weak. "I sincerely hope that today we will be able to break the deadlock," he told reporters in Brussels.
The leaders, who wore face masks, called the summit a key moment for nearly 70 years of European integration. Officials and experts have said that failure to reach an agreement, in an unprecedented atmosphere of economic crisis, would raise serious questions about the stability of the bloc. "There is a lot of goodwill, but also a lot of positions (unchanged). I will make every effort but there is a possibility that no result will be achieved," said Mrs. Merkel. DISPUTES WITHIN THE BLOCK Dutch Prime Minister Mark Rutte, who faces parliamentary elections in March 2021, spoke openly about the splits with France and Germany on Saturday night. "They left upset," he said of Chancellor Merkel and French President Emmanuel Macron.