FILE PHOTO: The EU flag is placed on broken glass and the British flag in this illustrated image taken on January 31, 2020. REUTERS / Dado Ruvic / Illustration / File Photo (Reuters) – Britain and the European Union will not be able to sign a post-Brexit trade deal, just …
Read More »Factbox: How ‘green’ is the EU recovery agreement?
BRUSSELS (Reuters) – European Union leaders reached an agreement on Tuesday for a massive stimulus package that the European Commission says will make the fight against climate change central to Europe’s economic recovery from the pandemic of coronavirus. European Council President Charles Michel and European Commission President Ursula Von Der …
Read More »EU delays stringent rule of law conditions for recovery fund
BRUSSELS / AMSTERDAM (Reuters) – Hungary, Poland and the Netherlands were victorious on Tuesday after a European Union summit left open the way to link a new coronavirus recovery fund to democratic values, raising questions on whether compliance would be possible or significant. Dutch Prime Minister Mark Rutte (left), European …
Read More »EU leaders in ‘internal tranche’ for recovery deal after days of disputes
BRUSSELS (Reuters) – European Union leaders appeared to be close to agreeing on a massive stimulus plan for their coronavirus-ruined economies on Monday night after the president of his four-day summit presented a new proposal to close the gaps between them. EU Council President Charles Michel said he was confident …
Read More »The EU agrees on an unprecedented $ 860 billion recovery fund as the bloc struggles with the consequences of the coronavirus
STEPHANIE LECOCQ / Getty European Union leaders reached a landmark agreement Tuesday on a $ 860 billion recovery fund earmarked for rebuilding the 27-member bloc. At the end of a four-day summit, heads of state agreed to distribute 390 billion euros ($ 446 billion) in grants and 360 billion euros …
Read More »