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EU leaders resume 'grumpy' summit on $2.1 trn budget, coronavirus fund

A full day and night of discussions by the 27 leaders on Friday only added to the irritations over how the huge sums should be spent and what strings should be attached

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The pandemic sent the EU into a tailspin with 27-nation bloc's economy contracting by 8.3% this year, according to the latest predictions. | Illustration by Binay Sinha

AP | PTI Brussels
European Union leaders were hunting for compromises Saturday as a summit to reach a deal on an unprecedented 1.85 trillion euro ($2.1 trillion) EU budget and coronavirus recovery fund entered its second day with tensions running high.
A full day and night of discussions by the 27 leaders on Friday only added to the irritations over how the huge sums should be spent and what strings should be attached.
The atmosphere was grumpier this evening than this afternoon, Dutch Prime Minister Rutte told Dutch reporters after Friday's marathon talks. This is going to take a while, I think.
The EU executive has proposed

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First Published: Jul 18 2020 | 3:09 PM IST

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