EU Summit: Leaders Meet for Fourth Day after all-Night Talks Yield no Agreement

07.20.2020, 12:02
Europe, World

There is still no agreement among EU leaders on a massive coronavirus recovery package after three days of intense meetings in Brussels, Euronews reports.

Leaders left the marathon summit early Monday morning and are set to resume talks at 16:00 CET. The summit was originally planned to end on Saturday.

Talks have focussed on a proposed €1.68 trillion package, a seven-year budget and a coronavirus recovery fund.

Eastern Europe leaders have opposed attaching rule of law conditions, while southern European countries are rejecting demands from the so-called frugal four, now five, countries - Netherlands, Austria, Finland, Sweden and Denmark - for a great sum bound by economic reform requirements.

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