German chancellor Angela Merkel advised EU countries to show uniformity in dealing with the economic fallout of the coronavirus crisis and stop the spread ofpopulism “We must waste no time, only the weakest would suffer from that. I very much hope that we can reach an agreement this summer. We will need much compromise for […]

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German chancellor Angela Merkel has actually cautioned that EU countries are still “far apart” in settlements on the coronavirus recovery fund and the bloc’s long-lastingbudget . Merkel will attempt to bridge the space in between member states at the top of EU leaders on 17-18 July in Brussels on the prepared EUR750 bn rescue bundle […]

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German chancellor Angela Merkel and French president Emmanuel Macron proposed on Monday (18 May) a recovery fund of EUR500 bn to support the sectors and areas in the EU most impacted by the coronavirus crisis. The effort recommends providing the European Commission the authority to obtain money on financial markets in the European Union’s name […]

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