- Leaders in face masks prepared for all-night talks on fund to ease effects of deep recession irishtimes.com/business/econo…
english.alarabiya.net/en/coronavirus…
- The new plan is very similar to the original one, on which no agreement had been reached by late on Friday night
tvm.com.mt/en/news/new-pr…
- The atmosphere “was grumpier" as the talks went on, Dutch Prime Minister Rutte said after Friday’s marathon talks. “This is going to take a while, I think.” sfgate.com/news/article/E…
- One of the main points of contention is over who should control how the €750bn fund should be spent, Netherlands insisting upon strict conditions
a.msn.com/01/en-gb/BB16U…
- Shortly after 11 p.m., summit host Charles Michel's spokesman Barend Leyts tweeted that the plenary meeting had finished for the night and would reconvene at noon (1000 GMT) on Sunday.
abcn.ws/3je7fSZ
- Rutte and Kurz appeared ready Friday to veto a decision if their tough terms for use of the recovery fund _ unanimity, conditionality of loans, no grants if possible _ were not adopted. ekathimerini.com/254863
- Some “frugal” northern countries like the Netherlands and Sweden have actually balked at the plan, arguing it needs to take the types of loans not grants. theunionjournal.com/coronavirus-eu…
- The crunch EU summit, decisive for the future of the trade bloc, faces collapse after European leaders lashed out at one another
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| 19 JULY
- Sticking points are the size of the fund and the split between grants and repayable loans,
bit.ly/2BdoK4u
- At stake is €750bn rescue package and budget for next seven years
irishtimes.com/business/econo…
Mammoth coronavirus rescue package revealing deep 'divisions' in Brussels | Jul 19
- Xavier Bettel said in his seven years as Luxembourg's Prime Minister has he "rarely seen such diametrically opposing positions" from the member states.
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- “We have been negotiating for three days and, obviously, there has not been sufficient progress to reach an agreement,” Mitsotakis said Sunday.
ekathimerini.com/254888
- Dutch taxpayers are aware that they are proportionately among the largest contributors to the EU budget, and the idea of giving or lending more (to the Mafia) is unpopular.
reut.rs/2Ctp13N
- Rutte’s comment sparked angry backlash from some of the more unity-minded MEPs on Twitter, who said his rhetoric flies in the face of EU solidarity.
rt.com/news/487421-ne…