Emmanuel Macron and Angela Merkel in Brussels on July 20, 2020. - John Thys / AP / SIPA

After marathon negotiations, the European Union finally holds its compromise. This Tuesday, in the early morning of the fifth day of the summit, the 27 snatched an agreement on a recovery plan of 750 billion euros, financed for the first time by a common loan, as well as on a budget for the period 2021 -2027 of 1.074 billion euros.

Historic day for Europe!

- Emmanuel Macron (@EmmanuelMacron) July 21, 2020

Deal!

- Charles Michel (@eucopresident) July 21, 2020

"Historic day for Europe", immediately exclaimed President Emmanuel Macron. Information to come very soon on our site.

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  • Europe
  • Emmanuel Macron
  • Angela Merkel
  • Recovery plan
  • Economy
  • EU
  • World