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Sunday, July 19, 2020

EU recovery summit could end with no deal, says Merkel

EU recovery summit could end with no deal, says MerkelGermany's Chancellor Angela Merkel warned that EU leaders may fail to reach an agreement on Sunday on a huge post-virus recovery plan for the shattered European economy. Arriving for the third and what she said was probably the "decisive" day of an extraordinary European summit, Merkel said the 27 leaders had "many positions" on the size of the fund, on rules for accessing it and on tying it to respect for the rule of law. Merkel was due to join French President Emmanuel Macron and the president of the European Council, summit host Charles Michel, to prepare a new offer to break the logjam after Dutch Prime Minister Mark Rutte and his "Frugal Five" allies blocked a deal.


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