# EU recovery plan

(L-R) Dutch PM Mark Rutte, European Council President Charles Michel, French President Emmanuel Macron and President of the European Commission Ursula von der Leyen participate in a last roundtable discussion following a four-day European summit at the European Council in Brussels, Belgium, early July 21, 2020. Photo: Stephanie Lecocq / Pool / AFP
(L-R) Dutch PM Mark Rutte, European Coun […]

EU leaders agree to link funds to rule of law

EU leaders have for the first time agreed to link payment of funds to a member state with respect for the bloc's legal norms -- though Poland and Hungary say they blocked tougher planned measures
European Commission President Ursula Von Der Leyen (L) and European Council President Charles Michel bump elbows after a news conference following a four-day European summit at the European Council in Brussels, Belgium, early July 21, 2020. Photo: Stephanie Lecocq / Pool / AFP
European Commission President Ursula Von […]

EU’s virus recovery plan: historic but imperfect

The 750-billion-euro coronavirus recovery deal struck by EU leaders may be a historic landmark, but analysts are already warning it comes with substantial flaws
Spain's PM Pedro Sanchez (L), French President Emmanuel Macron (C) and German Chancellor Angela Merkel (R) read documents during an EU summit in Brussels on July 20, 2020, as EU leaders held their first face-to-face summit over a post-virus economic rescue plan. Photo: John Thys / Pool / AFP
Spain's PM Pedro Sanchez (L), French Pre […]

Five things to know about the EU virus recovery plan

The European Union's 27 member states emerged from an intense four-day and four-night summit brandishing a huge coronavirus recovery plan and a trillion-euro long-term budget
(LtoR) Austria's Chancellor Sebastian Kurz, Netherlands' Prime Minister Mark Rutte, Sweden's Prime Minister Stefan Lofven, Denmark's Prime Minister Mette Frederiksen (up L), President of the European Council Charles Michel and President of the European Commission Ursula von der Leyen meet on the sidelines of a special European Council summit in Brussels on February 20, 2020, held to discuss the next long-term budget of the European Union (EU). (Photo by Virginia Mayo / POOL / AFP)
(LtoR) Austria's Chancellor Sebastian Ku […]

Sweden and Denmark step out of the shadows as EU’s frugals

Normally perceived as team players, Sweden and Denmark have found themselves playing the unaccustomed role of outliers in EU politics, blocking the widely backed COVID-19 recovery plan
(FILES) In this file photo taken on October 8, 2019 Irish Finance Minister Paschal Donohoe gestures during a photo call prior to presenting his Budget 2020 to parliament, at Government Buildings in Dublin. - Irish finance minister Paschal Donohoe was picked as the new president of the Eurogroup on July 9, 2020, which brings together the eurozone finance ministers who help guide European economic policy. (Photo by Paul FAITH / AFP)
(FILES) In this file photo taken on Octo […]

Ireland’s Donohoe takes leadership of Eurogroup amid historic recession

Irish finance minister Paschal Donohoe has been picked as the new president of the Eurogroup, a key role as Europe sits in the depths of its deepest recession since World War II
(FILES) (COMBO) This combination of file pictures made on June 10, 2020, shows (L-R) Luxembourg's Finance Minister Pierre Gramegna on December 4, 2017, in Brussels; Spain's Minister for Economic Affairs Nadia Calvino on June 8, 2018, in Madrid; and Ireland's Finance Minister Paschal Donohoe on October 8, 2019, in Dublin. - The new head of the Eurogroup will replace Mario Centeno, Portugal's soft-spoken finance minister who is stepping down after just two-and-a-half years. Luxembourg's Finance Minister Pierre Gramegna, Spain's Nadia Calvino, and Ireland's Paschal Donohoe, are among three names strongly rumoured to replace Centeno. (Photo by AFP)
(FILES) (COMBO) This combination of file […]

Eurozone picks new chief as pandemic recession looms

Who will be the next Eurogroup president? Eurozone finance ministers will meet to elect a new president, filling a key job just as the continent is facing the worst recession in EU history.