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Saturday, July 18, 2020

No deal in sight; EU leaders haggle over budget, virus fund

No deal in sight; EU leaders haggle over budget, virus fundEuropean Union leaders hunted for compromises Saturday on the second day of a summit to reach a deal on an unprecedented 1.85 trillion euro ($2.1 trillion) EU budget and coronavirus recovery fund, with tensions running high among leaders weary after months of battling the pandemic. Kurz and Dutch Prime Minister Mark Rutte are among the leaders of four “frugal” nations, also including Sweden and Denmark, that want conditions such as economic reforms attached to EU handouts to help countries recover from the hammer blow of the coronavirus and checks on how the money is being spent.


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