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European leaders in deadlock over massive recovery fund despite marathon talks

European leaders in deadlock over massive recovery fund despite marathon talks

Posted By: Editorial Teamon: July 20, 2020In: BUSINESS, DIPLOMACY, NEWS, POLITICSNo Comments

European leaders are meeting for a fourth consecutive day on Monday to continue tense negotiations over a 750-billion-euro ($858 billion conversion) recovery fund. The European Commission, the executive arm of the EU, suggested in May tapping the markets to mitigate the economic shock from the coronavirus. However, European capitals have not agreed on how to divide […] Read more

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