Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
dpa

HOME > dpa

Merkel expects 'difficult negotiations' over EU recovery programme

May 29, 2020


Abstract : ​German Chancellor Angela Merkel expects an uphill battle to approve the 750-billion-euro coronavirus recovery plan put forward by the European Commission.

Merkel expects 'difficult negotiations' over EU recovery programme. (picture alliance/dpa)

German Chancellor Angela Merkel expects an uphill battle to approve the 750-billion-euro coronavirus recovery plan put forward by the European Commission.

"It is clear that there will now be difficult negotiations," Merkel said in Berlin, adding that these would extend beyond the next EU summit.

She said the goal must be scheduling enough time towards the end of the year for negotiations in the European Parliament and the national parliaments so that plans could be ready for next year.

Germany is assuming the rotating EU presidency in the latter half of 2020, starting July 1, and would make "make every effort" to support efforts to find an agreement, Merkel added.

While admitting that she had not yet read the commission's proposal in detail, Merkel said "many, many questions remain," for example on whether the aid will actually help the beleaguered economy and what checks will be put in place.

Notice: No person, organization and/or company shall disseminate or broadcast the above article on Xinhua Silk Road website without prior permission by Xinhua Silk Road.

Scan the QR code and push it to your mobile phone

Keyword: EU recovery programme

Reading:

The Italian furniture sector restarts from Shanghai with double-digit sales growth

Lufthansa agrees bailout with German government

China to unveil new financial reform measures

Thailand to launch 400-billion-baht stimulus package for economic rehabilitation

Thailand to launch website to fully cover relief measures of government financial institutions

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial