European Union leaders reached an «historic» deal on a massive stimulus plan for their coronavirus-hit economies at a pre-dawn meeting on Tuesday after a fractious summit that lasted almost five days.
European Union leaders reached an «historic» deal on a massive stimulus plan for their coronavirus-hit economies at a pre-dawn meeting on Tuesday after a fractious summit that lasted almost five days.
Summit chairman Charles Michel tweeted «Deal» shortly after the 27 leaders finally reached agreement at a 3.15am plenary session.
«This agreement sends a concrete signal that Europe is a force for action,» Michel said at a dawn news conference.
«It is about a lot more than money. It is about workers and families, their jobs, their health and their well-being. I believe this agreement will be seen as a pivotal moment in Europe’s journey, but it will also launch us into the future.»
Taoiseach Micheal Martin called the deal «substantial and significant».
«€1.8 trillion will go a long way to reboot and re-engineer economic recovery within the European Union. It has been a very challenging couple of days, negotiating this package, but it has been worthwhile,» he said.
The deal marks the birth of a new Europe, French Finance Minister Bruno Le Maire told France Info radio on Tuesday.
Le Maire said the deal would result in a Europe with greater solidarity among member nations, more environmentally-friendly policies and a stronger Franco-German relationship at its core.
European Union leaders reached an «historic» deal on a massive stimulus plan for their coronavirus-hit economies at a pre-dawn meeting on Tuesday after a fractious summit that lasted almost five days.
