EU nations clinch $2.1 trillion budget, virus aid deal after 4 days

  • Date: 21-Jul-2020
  • Source: Arab News
  • Sector:Economy
  • Country:Saudi Arabia
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EU nations clinch $2.1 trillion budget, virus aid deal after 4 days

EU nations clinch $2.1 trillion budget, virus aid deal after 4 days

EU nations clinch $2.1 trillion budget, virus aid deal after 4 days

EU nations clinch $2.1 trillion budget, virus aid deal after 4 days

German Chancellor Angela Merkel, left, speaks with French President Emmanuel Macron during a meeting on the sidelines of an EU summit in Brussels, Saturday, July 18, 2020. Leaders from 27 European Union nations meet face-to-face for a second day of an EU summit to assess an overall budget and recovery package spread over seven years estimated at some 1.75 trillion to 1.85 trillion euros. (AP)

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EU nations clinch $2.1 trillion budget, virus aid deal after 4 days

The 27 leaders were constantly reminded of the potent medical and economic threat the virus poses to their continent

Rarely had a summit been as ill-tempered as this one, and it was the longest since a five-day summit in Nice, France, in 2000

Updated 21 July 2020

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BRUSSELS: Weary but relieved, European Union leaders finally clinched a deal on an unprecedented $2.1 trillion budget and coronavirus recovery fund early Tuesday, somehow finding unity after four days and nights of fighting and wrangling over money and power in one of their longest summits