Why the EU’s Virus $860 Billion Recovery Plan Is a Big Deal

European Union leaders agreed on an unprecedented stimulus package worth 750 billion euros ($860 billion) to pull their economies out of the worst recession in memory and tighten the financial bonds holding their 27 nations together. The agreement, in the early hours of Tuesday after more than four days of acrimonious negotiations in Brussels, required … Read more Why the EU’s Virus $860 Billion Recovery Plan Is a Big Deal

Strong Franco-German alliance key to securing coronavirus recovery deal

The coronavirus pandemic and Europe’s response has bolstered the alliance between its two biggest economies, France and Germany. With the coronavirus pandemic threatening to plunge Europe into its worst recession since World War II, the German chancellor Angela Merkel joined French counterpart Emmanuel Macron in proposing a recovery fund for the bloc, for the first … Read more Strong Franco-German alliance key to securing coronavirus recovery deal

EU Clinches Massive Virus Recovery Deal to Bind Continent Together

European Union leaders agreed on an unprecedented stimulus package worth 750 billion euros ($860 billion) to pull their economies out of the worst recession in memory and tighten the financial bonds holding their 27 nations together. The agreement, in the early hours of Tuesday after more than four days of acrimonious negotiations in Brussels, required … Read more EU Clinches Massive Virus Recovery Deal to Bind Continent Together

EU Leaders Clinch 750 Billion-Euro Coronavirus Recovery Fund

Jul.21 — European Union leaders agreed on a landmark stimulus package that will see the bloc issue 750 billion euros ($860 billion) of joint debt to help member states mitigate the economic downturn. The agreement represents a victory for German Chancellor Angela Merkel and French President Emmanuel Macron, who drafted an early outline for the … Read more EU Leaders Clinch 750 Billion-Euro Coronavirus Recovery Fund

Elbow bumps and bows: masked EU leaders join physically distant summit

Masked up EU leaders greeted each other with elbow bumps, nods, bows and some variations on Friday 17 July for a summit in which the 27 EU country leaders hope to reach a deal on a multi-billion-euro recovery fund for the bloc’s economies. There were birthday gifts for German Chancellor Angela Merkel and Portuguese Prime … Read more Elbow bumps and bows: masked EU leaders join physically distant summit

Merkel, Conte Show Common Front on EU Recovery Fund

Jul.14 — German Chancellor Angela Merkel is showing a united front with Italy’s Giuseppe Conte. That comes ahead of a crucial EU summit on Friday. The two leaders have warned that the bloc needs to deliver “massive response” to tackle the pandemic’s economic fallout. Bloomberg’s Maria Tadeo reports on “Bloomberg Daybreak: Europe.”

Serbia President Wavers on Covid-19 Curfew After Violent Protests

Serbia’s President Aleksandar Vucic appeared to backtrack on a plan to impose a virus lockdown in Belgrade this weekend after the announcement of a 59-hour curfew triggered violent street protests. Vucic accused what he called “opponents” at home and abroad of instigating violence to weaken his country’s position ahead of European Union-brokered talks with Kosovo … Read more Serbia President Wavers on Covid-19 Curfew After Violent Protests

Merkel: Coronavirus Shows Limits of ‘Fact-Denying Populism’

The coronavirus pandemic is showing the limits of “fact-denying populism,” German Chancellor Angela Merkel told the European Parliament on Wednesday. In her speech, Merkel set out her country’s plans for its six-month presidency of the European Union. Germany took over the task of chairing EU meetings on July 1. It faces the challenge of seeking … Read more Merkel: Coronavirus Shows Limits of ‘Fact-Denying Populism’

Merkel in Brussels to Pitch Recovery Fund

Jul.08 — German Chancellor Angela Merkel heads to Brussels today. It’s her first trip outside of Germany since the coronavirus crisis started. She’ll use the opportunity to back the 750 billion-euro recovery fund ahead of a crucial meeting between EU leaders next week. Bloomberg’s Maria Tadeo reports on “Bloomberg Markets: European Open.”

German Chancellor Merkel urges European countries to cooperate with China

German Chancellor Angela Merkel has been pushing for a major investment agreement with China. She is urging other European countries to make this a priority and achieve “ambitious” deals with China. Subscribe to us on YouTube: https://goo.gl/lP12gA Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv Follow us … Read more German Chancellor Merkel urges European countries to cooperate with China

Merkel wears mask in public for the first time to ward off criticism

German Chancellor Angela Merkel made her first public appearance wearing a mask on Friday after being criticized for never having been pictured wearing one in public. Merkel was asked by a journalist at a news conference on Monday why she had never been seen wearing a mask in public. Merkel replied that she always wears … Read more Merkel wears mask in public for the first time to ward off criticism

Merkel, Von der Leyen Hail Each Other’s Leadership in First Time That EU Led by Women

German Chancellor Angela Merkel and European Commission President Ursula Von der Leyen discussed the importance of female leadership in the EU after Germany assumed the six-month rotating presidency of the EU Council on Thursday. Merkel and Von der Leyen spoke at a joint news conference and remarked that it was unprecedented for both of their … Read more Merkel, Von der Leyen Hail Each Other’s Leadership in First Time That EU Led by Women

Europe after Covid 19: How €750 billion could reboot the EU

French President Emmanuel Macron and German Chancellor Angela Merkel might well hold the future of Europe in their hands. Or maybe more accurately in their cheque books. Subscribe to France 24 now: http://f24.my/youtubeEN FRANCE 24 live news stream: all the latest news 24/7 http://f24.my/YTliveEN Visit our website: http://www.france24.com Subscribe to our YouTube channel: http://f24.my/youtubeEN Like … Read more Europe after Covid 19: How €750 billion could reboot the EU

Merkel Throws Support Behind Radical European Recovery Plan

Jun.30 — German Chancellor Angela Merkel met French President Emmanuel Macron in Meseberg, Germany, on Monday and made a pitch for a radical recovery proposal for the virus-ravaged European Union. Maria Tadeo reports on “Bloomberg Markets: European Open.”