Finland, Sweden, Hungary, and the Netherlands all voice concerns over the European Union's proposed 750-billion-euro fund to recover from the coronavirus pandemic's economic impact.
RECOVERY FUND. European Council President Charles Michel speaks during a press conference in Brussels on July 10, 2020. Photo by Kenzo Tribouillard/Pool/AFP
Michel also said countries with long-held rebates on their European contributions would continue to get them, despite a big push to do away with these discounts. This will be sure to revive tortured memories of the debt crisis bailouts, where Greece, Portugal, and Ireland were subjected to the oversight of the EU and International Monetary Fund.
Kurz on Thursday, June 9, suggested he could back the package if aid was tied to certain conditions, such as climate protection, willingness to reform, and rule of law.
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