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Sassoli To Hold Presser On Budget Breakthrough 1400CET

EUROPEAN PARLIAMENT

European Parliament President David Sassoli is set to hold a press conference on the breakthrough in talks on the EU's long-term budget yesterday between the EP and European Council negotiators.

  • Due to take place at 1400CET (1300BST, 0800ET).
  • Link: https://audiovisual.ec.europa.eu/en/ebs/both/20201111
  • The European Parliament as a whole still needs to approve the budget (and the COVID-19 recovery fund contained within). Given the approval from leadership of the three largest groups in the parliament, the centre-right European People's Party, centre-left Socialists and Democrats, and centrist liberal Renew Europe, it is likely to pass.
  • Potential hiccups more likely to come in the Council, or in member state parliaments which are required to ratify the Own Resources Decision, which will allow the Commission to begin raising money for the COVID-19 recovery package.
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