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EU leaders

European politics 20th July 2020

EU Leaders One Step Closer To Agreeing On Recovery Fund

Monex Europe | The euro found support in anonymous reports this morning that the frugal four countries are now satisfied with €390bn of the fund coming in the form of grants. The initial proposal included a total of €500bn to be allocated in grants, but the leaders failed to find a compromise on the overall size over the weekend. The talks will resume at 4pm CEST today.

EU summit reached a deal but the differences remained

In Europe 2nd July 2018

EU Summit: Big Promises But Differences Remain

Israel Rafalovich (Brussels) | After talks that lasted until the early morning hours on Friday, EU leaders reached a deal but the differences remained while heads of states issued victory statements that the summit was a “success”.