EU Corona's Economic Countermeasures Fund Allocation Talks Consecutive Difficulty Continues July 20 5:57
The EU=European Union is discussing on the third day about a plan to establish a fund of more than 90 trillion yen in order to rebuild the economy hit by the spread of the new coronavirus, but regarding
the scale and distribution of the fund The gap between the positions of each country has not been closed, and the negotiations have been difficult.
EU plans to establish a fund of 750 billion euros, or JPY 90 trillion in Japanese yen, holding a summit meeting from the 17th, aiming to rebuild the economy which was hit hard by the spread of the new coronavirus. Are discussing.
The original plan was to allocate €500 billion to the member states as a subsidy without obligation to repay and leave the rest as loans.
While the plan was led by France and Germany and supported by Italy, where the outbreak has spread, countries in northern Europe, such as the Netherlands, argue that the size of the fund and the proportion of subsidies should be reduced. The conflict continues.
For this reason, the deadline scheduled for the 19th is extended by one day, and discussions are being held on the third day.
EU President Michel tried to overcome the situation by holding individual meetings with the countries of northern Europe such as the Netherlands without holding a general meeting, but he has not yet found a point of compromise, and the positions of each country are different. It is a relief.