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Per Politico: "Council President Charles.........>

EU
EU: Per Politico: "Council President Charles Michel is working to finish up some
bilateral meetings and his office has warned heads of state and government to be
ready to resume the plenary session in the main summit room at 4:15 a.m. Some
officials interpreted that announcement as positive news, because leaders had
indicated that they would not gather together again unless there was some
agreement on the core question of the size of a proposed coronavirus recovery
fund, and the mix of grants and loans in the package. Leaders were said to be
nearing a deal to split grants and loans evenly at EUR375 billion each, with the
total of the fund remaining at EUR750 billion as originally proposed by the
European Commission"
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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