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The Twenty-Seven task the Commission with the recovery plan

2020-04-24T21:34:13.437Z


Significant disagreements remain between the Member States on the financial arrangements.


From our correspondent in Brussels

"Very pleased that EU leaders have tasked the European Commission with shaping our response to the coronavirus crisis." It is with this tweet that Ursula von der Leyen welcomed, Thursday evening, the decision of the Twenty-Seven to entrust to the European executive the development of the recovery plan intended to restart the economies of the Union.

Read also: Enrico Letta: "The attitude of the Netherlands and Austria is irresponsible"

Admittedly, there has indeed been progress, the heads of state and government succeeding in agreeing on the need for a recovery plan during their videoconference. "It was clear to everyone that we needed such a fund," admitted Chancellor Angela Merkel after the meeting. But, beyond this agreement in principle, it will undoubtedly have to wait long weeks, even months, before the Twenty-Seven reach a compromise on its terms. There is, however, an emergency. According to ECB President Christine Lagarde, GDP could contract until

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Source: lefigaro

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