EU Leaders fail to agree on new seven-year budget
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
Greek tourism contributes 23.4 billion euros to GDPPanos - Sep 22, 2020
Greek tourism contributed directly to the country’s economy with 23.4 billion euros (+ 10.9% or + 2.3 billion euros compared…
Huge Christian cross on Greek soil at borders with Turkey annoys ErdoganPanos - Sep 22, 2020
The independent news portal Ahval News, which covers news from Turkey, claims that Erdogan will complain to German Chancellor Merkel…
Suspicious package sent to German parliament investigatedPanos - Sep 22, 2020
Berlin police say they’re investigating a suspicious package that arrived Tuesday morning in the mail room of the country’s parliament…