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An emergency summit of EU on rescue of economy of the unit can be finished to no avail

Ukraine / Europe / Business and Finance

the Leaders of the European Union the third day to agree on the amount of financial assistance to the countries of the block affected by COVID-19 and quarrel because of disagreements on the rule of European law.

An emergency summit of EU on rescue of economy of the unit can be finished to no avail

German Chancellor Angela Merkel warned on Sunday that the EU summit's approval of a package of measures for economic recovery of the countries of the bloc from the effects of coronavirus can be closed without a deal, since Acrossa can't agree on the size of the pan-European Fund and its distribution among countries.

the 27 leaders for two days of arguing about the scope and rules of the pack, and the Netherlands led a group of "conservative" allies, demanding smaller budgets and more stringent conditions for the provision of trenches.

Arriving at the "decisive" day extraordinary summit, Merkel said that the EU leaders still have a lot of differences.

"I still can't tell whether the found solution," she said. "There is a lot of goodwill ... but maybe today will not be achieved any result."

the Dutch want member States had the opportunity to influence national support, to allow countries to implement reforms of the labour market, while Austria, Finland, Denmark and Sweden want to reduce the package of loans and grants of up to 750 billion euros.

At the same time, the Prime Minister of Hungary Viktor Orban said that the money will not become a stumbling block in the forthcoming transaction. The problem is the initiative for inclusion in the budget of a reservation about the rule of law in the EU that directly threatened Hungary, where Orban is accused of creeping authoritarianism.

Orban has accused his Dutch counterpart Mark Rutte that he hates him personally and wants to punish his country. Hungary joined Poland and Slovenia, which are also opposed reform to the rule of law.

Most European leaders want to tie budget payments to the EU to recipient countries that support the legal standards of the EU.

the 27 leaders in Brussels on the third day of tense meetings at the highest level on a package of measures to restore coronavirus and long-term EU budget.

Package of measures to save is in addition to the planned seven-year EU budget - worth over one trillion euros.

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