The EU is suffering through the worst recession in its history and member states are fighting over who should pay the most to help other countries and which nations should get the most to turn around their battered economies
Left to right: German Chancellor Angela Merkel speaks with French President Emmanuel Macron and European Council President Charles Michel during a round table meeting at an EU summit, in Brussels, on July 17, 2020.European Union leaders acknowledged Friday they are about as far apart from reaching a deal on an unprecedented €1.85 trillion EU budget and virus recovery fund as the seating distance imposed upon them for health reasons at their summit.
After addressing the leaders, European Parliament President David Sassoli said the stakes could not be higher and urged leaders to reach agreement as Europe is buffeted by the economic headwinds of the coronavirus crisis. The urgency is such that the leaders have ended a string of coronavirus-enforced video conference summits and are meeting in person for the first time since the pandemic began its devastating sweep around the globe.The usual summit venue, an intimate room high up in the urn-shaped Europa centre, was deemed too snug to be safe and instead the leaders have been sent down to meeting room EBS-5, whose 850 square meters normally fits 330 people.
Macron, her geopolitical equal at the table, gave her a fine bottle of Burgundy. There may be cake later but the summit will hardly be a cakewalk for Merkel. And she has agreed to include grants and not just loans in the recovery package to avoid overburdening member states with high debt already.
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