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US News Merkel advises with Spanish Prime Minister before special EU summit

08:15  14 july  2020
08:15  14 july  2020 Source:   pressfrom.com

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BERLIN (AP) — “Bridges still need to be built” between European Union countries at odds over plans for a massive stimulus package to help the bloc's economies © Provided by Associated Press German Chancellor Angela Merkel , left, and Italian Prime Minister Guiseppe Conte, right, talk prior

between European Union countries at odds over a stimulus package for Europe 's pandemic-stricken economies and a second meeting may be required if a summit this © Provided by Associated Press German Chancellor Angela Merkel and Italian Prime Minister Giuseppe Conte walk to attend a press

German Chancellor Angela Merkel (CDU) today continues with Spanish Prime Minister Pedro Sánchez her preparatory meetings for the EU summit on the reconstruction fund in the Corona crisis.

Bundeskanzlerin Merkel trifft sich mit dem spanischen Ministerpräsidenten, um über die Corona-Krise zu sprechen. © Photo: Tobias Schwarz / AFP pool / dpa Chancellor Merkel meets with the Spanish Prime Minister to talk about the Corona crisis.

Merkel wants to receive Sánchez in the chancellery in Berlin in the early evening (6.30 p.m.). On Monday, she had already discussed with the Italian Prime Minister Giuseppe Conte ways out of the dispute over the billion dollar aid. Whether or not there will be a decision at the summit on Friday and Saturday in Brussels is open, although Merkel is pressing for a quick decision.

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between European Union countries at odds over a stimulus package for Europe 's pandemic-stricken economies and a second meeting may be required if a summit this © Provided by Associated Press German Chancellor Angela Merkel and Italian Prime Minister Giuseppe Conte walk to attend a press

a crucial European Union summit , warning that EU leaders need to deliver a “massive” response to the “It has to be something special -- and it can’t be dwarfed” in size by horse-trading compromises, Merkel told She’ll host the Spanish prime minister , Pedro Sanchez, at the chancellery on Tuesday.

Italy and Spain are particularly hard hit by the Corona pandemic and are potential main recipients of the planned EU aid. The Netherlands, along with Austria, Denmark and Sweden, are among the “Frugal Four” who refuse to reimburse non-repayable billions. Of the 750 billion euros of the debt-financed reconstruction plan, 500 billion are to be granted as grants and 250 billion as loans, according to the ideas of the EU Commission. Merkel, who currently leads the EU Council Presidency, has the primary role as an intermediary.

Sánchez met his Dutch counterpart Mark Rutte in The Hague on Monday, who was a guest in Berlin last week. During a visit to Sweden on Wednesday, the Spanish prime minister also wants to ensure that the EU reconstruction fund mainly consists of non-repayable grants.

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German Chancellor Angela Merkel and Italian Prime Minister Giuseppe Conte walk to attend a press conference in the garden of the German governmental guest house in Meseberg, outside Berlin, Monday, July 13, 2020. (Tobias Schwarz/Pool photo via AP)undefined The Associated Press.

As Irish prime minister , John Bruton presided over the Irish Presidency of the European Union in 1996. At the Dublin Summit , he helped finalise the Growth and Stability Pact which governs the management of the euro. He also helped develop the Strategic Management Initiative (SMI) for public

Spain has to expect a roughly ten percent slump in gross domestic product (GDP) this year, the country is already heavily in debt. With his request for grants, Sánchez is in line with the EU Commission and also with Merkel and France's President Emmanuel Macron. But like Italy's Prime Minister Conte, he is also concerned that aid to his country is not linked to reform requirements that could lead to unacceptable interference in Spain's social and economic policies.

After meeting with Conte on Monday in Meseberg north of Berlin, Merkel had outlined the dimensions of coping with the corona consequences. "The task is huge and therefore the answer has to be big," said the Chancellor. It is important for the planned European development fund "that it is something massive, that it is something special, that it will not be dismantled". Merkel said that she does not know whether an agreement will be reached at the upcoming EU summit. "There are still a long way to go."

Conte warned: "We have to act quickly, react quickly, because history tells us that the best reaction is not worth so much if it comes too slowly." Conte warned: "If we just let the crisis run like this, we would have the destruction of the internal market within a very short time." The Italian prime minister called the crisis "epochal".


Video: Controversy over Corona help: Merkel advises, Conte warns (Euronews)

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