Essential lifeline during the pandemic. Im rebecca races welcome to the Program European Union Leaders will hold a 2nd day of talks in brussels today to try to bridge their differences over a 750000000000 Euro Recovery Fund it aims to help the bloc deal with the Economic Impact of the coronavirus german chancellor Angela Merkel is chairing the talks as germany currently holds the e. U. s rotating presidency shes admitted that finding a compromise will not be easy the new is divided on how to assist those hardest hit by the pandemic im a just Sticking Point continues to be to what degree Member States should share the debt burden the idea that the e. U. You could mutual eyes did allowing the block to borrow money instead of individual nations borrowing it has some members digging in the heels before we go to brussels to talk to our correspondent lets take a look at whats at stake mosques on gloves off european leaders are back in brussels for the 1st time since the beginning of the coro
That. A 1000000 books welcome to the program e. U. Leaders are meeting for a 2nd day to break a deadlock on a contentious economic Recovery Plan European Council president show me show offered a revised proposal for the package aimed at helping countries worst affected by the coronavirus and deming german chancellor Angela Merkel is chairing the summit tensions are running high between leaders whose home countries have been hit hard by the virus fridays negotiations ended earlier than expected when agreement looked unlikely the talks are hung up over the packages mix of loans and grants and who controls how countries spent the money. Im joined now by our correspondent Barbara Valle whos in brussels monitoring the situation barbara theres a new proposal from the European Council president its on the table will this be any more acceptable to the more frugal members there. At this its getting there because weve heard positive noises from several members the austrian chancellor for instanc
This year south africas star dean run as providing an essential lifeline during the coronavirus pandemic. Im nicole foliage welcome to the program. A new leaders are gathered in brussels for a 2nd day to thrash out the terms of a contentious economic Recovery Plan European Council president charlie shell offered a revised proposal for the package aimed at helping countries worst affected by the coronavirus pandemic german chancellor Angela Merkel is chairing a summit pessimism runs high among those most in need italian Prime Minister does that fit qantas says the talks are at a stalemate as wealthy Northern European countries insist on a package consisting mainly of loans rather than grants tensions are also running high over who controls how countries spend the money. Lets bring in our correspondent bob a visitor who is closely following the developments in brussels for us barbara even on day 2 of the summit Member States remain at odds over the corona rescue package why are these neg
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