June 18, 2020 / 7:50 AM / 22 days ago

EU needs swift decision on budget, recovery fund - Merkel

BERLIN, June 18 (Reuters) - German Chancellor Angela Merkel on Thursday urged the European Union to swiftly seal a multi-year budget deal and recovery fund to help the bloc survive the economic damage caused by the coronavirus pandemic.

Merkel said that an any agreement would not be reached during a summit of EU leaders on Friday via videoconference but rather at a physical meeting later this year.

“I will make the case that at the European Council we reach a decision about a multi-year financing deal and a recovery fund as quickly as possible,” Merkel said in a speech to parliament.

Reporting by Paul Carrel and Michael Nienaber Writing by Joseph Nasr

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below