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European Council president Charles Michel welcomes German chancellor Angela Merkel earlier in July at the start of the German EU presidency (Photo: 16/07/2020)

EU leaders face off over corona bailout summit

EU leaders will face difficult and fundamental issues on Friday-Saturday (17-18 July), when they attempt to agree on the planned seven-year €1.07 trillion budget and €750bn recovery package.

Pressure has been mounting to come to an agreement to tackle the economic fallout of the pandemic, calm financial markets and invest in European economies facing the biggest recession in the bloc's history.

But deep divisions persist, as EU leaders meet for the first time in person since the...

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Author Bio

Eszter Zalan is a Hungarian journalist who worked for Brussels-based news portal EUobserver specialising in European politics, focusing on populism and Brexit.

European Council president Charles Michel welcomes German chancellor Angela Merkel earlier in July at the start of the German EU presidency (Photo: 16/07/2020)

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Author Bio

Eszter Zalan is a Hungarian journalist who worked for Brussels-based news portal EUobserver specialising in European politics, focusing on populism and Brexit.

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