FILE PHOTO: European Union flags flutter outside the European Commission headquarters in Brussels, Belgium June 25, 2020. REUTERS/Yves Herman/File Photo
“Does 1,750 billion euros seem like a lot of money to you? Believe me, it does to the European heads... But it is worth it,” the chairman of the meeting, Charles Michel, said on Thursday in stressing the EU’s economic answer to the pandemic would top that of the United States or China. “We are not there yet,” said the official, naming the overall size of the package, the proportion between grants and loans, governance of the recovery scheme, rule of law conditions on money and climate goals as still dividing opinion.
Eyes are also on German Chancellor Angela Merkel, who stands at the helm of the biggest EU economy. As she turns 66 on Friday, she has thrown her weight behind getting a deal. COVID-19 struck in Europe just as it was still struggling to overcome the echoes of some of its past crises from the financial meltdown a decade ago, a spike in uncontrolled immigration in the mid-2010s and a protracted Brexit.
Keep your back straight Mark 🇳🇱🇳🇱🇳🇱🇳🇱
From an immunologist in Bern Switzerland, and colleague of Anthony Fauci.
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