• EU leaders received a new “negobox” for next 7-year budget

      EU leaders received a new “negobox” for next 7-year budget

      After four-day marathon on the budget and the fund to rebuild the economies affected by the pandemic, on Monday evening, Charles Michel, President of the European Council, said cautiously, but with dose of hope, that a deal is possible and handed to EU27 leaders the next portion of changes in his newest negotiating box proposal. In it, the New Generation EU recovery fund offers €390bn in grants and €360bn - loans for a total recovery fund envelope or €750bn.

      170
    • Negotiations on long-term EU budget continue

      Negotiations on long-term EU budget continue

      The EU summit on the bloc's common budget for 2021-2027 and the one-off recovery fund that will help the countries most affected by the pandemic to overcome its devastating effect and get the economies back on their feet, failed to strike a deal on Saturday, when indeed it was scheduled to end. After two long days of talks, leaders of EU27 decided to continue on Sunday to try to find an agreement.

      110
    • Clash over recovery cash intensifies

      Clash over recovery cash intensifies

      Any forecast about the outcome of the first face-to-face summit in Brussels since the Covid-19 outbreak is a tricky exercise when it comes to discussing the pact's next seven-year budget and its generous recovery fund that have to heal EU economies from the consequences of the pandemic. The meeting of the EU27 leaders starts on Friday, 17 July, and will continue on Saturday, 18 July, but observers are very cautious in their predictions, as a breakthrough during this - perhaps not the last - summit for this month, is in question.

      175
    • Strengthening EU-India strategic partnership

      Strengthening EU-India strategic partnership

      Strategic partnership, trade relations, climate, digital shift, fighting the Covid-19 pandemic, and regional and security issues were the key items on the plate during the 15th summit between India and the EU, held on Wednesday via video conference. The EU was represented by Charles Michel, President of the European Council, and Ursula von der Leyen, EC President and India was represented by Prime Minister Shri Narendra Modi.

      85
    • Charles Michel presents revised MFF, recovery fund negotiating box

      Charles Michel presents revised MFF, recovery fund negotiating box

      The revised proposal for the "negotiating box" that will be the basis for the discussions on the next programming period finances by the EU27 leaders at their summit exactly after a week, was resented by European Council President Charles Michel on Friday. After intensive bilateral talks with the leaders of all 27 Member States and meetings with the Parliament, he identified the six building blocks of possible future agreement, he told the press at a news conference.

      462