Marathon European Union talks to agree an unprecedented 1.85 trillion-euro ($2.1 trillion) EU budget and coronavirus recovery fund entered a third day with German Chancellor Angela Merkel warning that the summit could still end without a deal.
German Chancellor Angela Merkel arrives for an EU summit at the European Council building in Brussels, Sunday, July 19, 2020. Leaders from 27 European Union nations meet face-to-face for a third day to assess an overall budget and recovery package spread over seven years estimated at some 1.75 trillion to 1.85 trillion euros.
“Whether there will be a solution, I still can’t say,” Merkel said as she arrived early for the extra day of talks at what had been planned as a two-day summit in Brussels. ”There is a lot of good will, but there are also a lot of positions. So I will join in working for it. But there may also be no result today.
Macron and Merkel met deep into the night with Italian Prime Minister Giuseppe Conte and the leader of the EU’s executive commission, Ursula von der Leyen. On Sunday morning, they continued their talks along with summit host Charles Michel before the summit re-started. Rutte and his small group of allies are pushing for labor market and pension reforms to be linked to EU handouts and a “brake” enabling EU nations to monitor and, if necessary, halt projects funded by the recovery fund.
“I don’t know what is the personal reason for the Dutch prime minister to hate me or Hungary, but he’s attacking so harshly and making very clear that because Hungary, in his opinion, does not respect the rule of law, must be punished financially,” Hungarian Prime Minister Viktor Orban said.
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