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Recovery plan: Macron and Merkel attack the "frugals"

2020-07-03T20:42:38.553Z


BIG STORY - Paris and Berlin are working to rally reluctant countries to the European post-Covid economic recovery plan.


Two weeks to convince. The negotiations intensify before the first "physical" summit of the 27 European heads of state and government since the start of the Covid crisis, on Friday 17 and Saturday 18, in Brussels. A reunion with historic challenges.

Until then, Emmanuel Macron and Angela Merkel are on the maneuver in an attempt to rally their counterparts behind their economic recovery plan, proposed in concert on May 18, reintegrated into the project formalized by the Commission a little later under the aegis. by Ursula von der Leyen. In total, 750 billion euros to help Europe get out of the crisis, raised thanks to a giant joint loan, including 500 in grants to the Member States who need it most and 250 in loans at very favorable rates.

Read also: The Franco-German engine has regained its power

The amounts and the very idea of ​​"donations" have made the countries that present themselves as "frugal" jump: Netherlands, Austria, Denmark and Sweden. In a joint column in the Financial Times on June 16, the four leaders of

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Source: lefigaro

All news articles on 2020-07-03

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