Time is pressing on EU leaders to agree budget, recovery fund: Merkel

BERLIN (Reuters) - Time is pressing on EU member states to reach a deal on proposals for a long-term budget and a stimulus plan, Chancellor Angela Merkel said on Tuesday, adding that Germany would push for a compromise at a summit of leaders this week. 'It would be desirable to reach a quick result but I don't know whether there will be success on Friday and Saturday,' Merkel said during a news conference with Spanish Prime Minister Pedro Sanchez. 'Time is pressing.' (Reporting by Joseph Nasr; Editing by Chris Reese)

Reuters July 15, 2020 00:08:55 IST
Time is pressing on EU leaders to agree budget, recovery fund: Merkel

Time is pressing on EU leaders to agree budget recovery fund Merkel

BERLIN (Reuters) - Time is pressing on EU member states to reach a deal on proposals for a long-term budget and a stimulus plan, Chancellor Angela Merkel said on Tuesday, adding that Germany would push for a compromise at a summit of leaders this week.

"It would be desirable to reach a quick result but I don't know whether there will be success on Friday and Saturday," Merkel said during a news conference with Spanish Prime Minister Pedro Sanchez. "Time is pressing."

(Reporting by Joseph Nasr; Editing by Chris Reese)

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