EU Leaders fail to agree on new seven-year budget

21 February 2020
154 Views

According to the EU Council President Charles Michel, more time is needed to agree on the budget.

A summit of European Union leaders has failed to come up with an agreement on the bloc’s seven-year-long budget, worth about one trillion euros, media reports say.

German Chancellor Angela Merkel said that the differences between the EU leaders are too big to be able to agree on the budget now.

“The differences were simply too big…Even rough data of the new proposal was enough to show that this would not be enough to bridge the differences,” Merkel said, as quoted by Reuters.

French President Emmanuel Macron said he had deep regrets over the fact that it was not possible to reach an agreement on the budget.

You may be interested

Coronavirus poll: 50% Greeks believe they will contract the virus
GREECE
shares55 views
GREECE
shares55 views

Coronavirus poll: 50% Greeks believe they will contract the virus

Panos - Apr 02, 2020

A nationwide survey revealed that 50% of Greeks believed they would be infected with the coronavirus. According to a poll…

Coronavirus stokes tensions between Erdogan and Imamoglu
GREECE
shares47 views
GREECE
shares47 views

Coronavirus stokes tensions between Erdogan and Imamoglu

Panos - Apr 02, 2020

The coronavirus pandemic has rekindled rivalry in Turkey between President Tayyip Erdogan and Istanbul’s opposition mayor, with disputes over fundraising…

PM Mitsotakis: April will be a crucial month, if necessary, restrictions will be made tighter
GREECE
shares37 views
GREECE
shares37 views

PM Mitsotakis: April will be a crucial month, if necessary, restrictions will be made tighter

Panos - Apr 02, 2020

Prime Minister Kyriakos Mitsotakis on Wednesday chaired a government video conference on the “Help at Home” programme for the support…

Leave a Comment

Your email address will not be published.