Merkel downbeat on chances of deal as EU budget summit begins
about 5 years in The guardian
Leaders’ differences over budget and recovery package ‘still very large’, German chancellor says
EU leaders remained poles apart on the terms of a €1.82tn budget and recovery package as they met for the first time in five months, with Angela Merkel warning of the possibility of talks dragging into a second destabilising summer summit.
Spain’s prime minister, Pedro Sánchez, told fellow leaders in Brussels they had an “obligation” to agree on a response to an economic downturn unparalleled since the Great Depression. Continue reading...