According to the plan, 500 billion euros of this debt-financed recovery fund are to be granted as grants and 250 billion as loans. However, the Netherlands, Sweden, Denmark and Austria oppose providing the aid as grants, and argue that the aid must be linked to reforms.
European leaders are busy visiting each other to prepare for the summit, with Germany, the current EU Council presidency, in the focus. Merkel met last week with Dutch Prime Minister Mark Rutte, and on Monday with Italian Prime Minister Giuseppe Conte.
Italy and Spain are among the countries most affected by the coronavirus pandemic in Europe and both need financial aid.
【国际英语资讯:Germany willing to compromise on EU recovery fund: Merkel】相关文章:
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