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EU Coronavirus Negotiations Explained: How Leaders Broke EU Deadlock – TLDR News

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For a while now EU leaders have been trying to reach an agreement on COVID spending, and with the virus’s economic impacts worsening, they need to sort it quickly. The problem is that there are fundamental differences in their approaches. In this video, we explain why the deadlock happened, how a compromise was reached and what it means for Europe.

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1 – https://twitter.com/eucopresident/status/1285417032561852418
2 – https://www.youtube.com/watch?v=L3z9lzvHk90
3 – https://www.dw.com/en/coronavirus-france-germany-propose-500-billion-recovery-fund/a-53488803
4 – https://www.france24.com/en/20200518-live-macron-and-merkel-present-joint-covid-19-recovery-plan-for-eu
5 – https://uk.reuters.com/article/uk-france-germany/france-germany-propose-500-billion-euro-eu-recovery-fund-idUKKBN22U27C
6 – https://news.sky.com/story/coronavirus-eu-leaders-extend-talks-on-unprecedented-virus-recovery-fund-12031925
7 – https://www.politico.eu/article/frugal-four-propose-loans-for-loans-approach-to-coronavirus-recovery-fund/
8 – https://www.euronews.com/2020/05/27/eu-commission-set-to-unveil-trillion-euro-coronavirus-recovery-plan
9 – https://www.thetimes.co.uk/edition/news/750bn-coronavirus-rescue-fund-in-chaos-as-eu-squabbles-over-purse-strings-vzgch906c
10 – https://twitter.com/EUCouncilPress/status/1285341270207090691
11 – https://www.politico.eu/article/eu-leaders-reach-deal-on-coronavirus-recovery-fund/
12 – https://news.sky.com/story/coronavirus-eu-leaders-extend-talks-on-unprecedented-virus-recovery-fund-12031925
13 – https://www.ft.com/content/7c47fa9d-6d54-4bde-a1da-2c407a52e471
14 – https://www.ft.com/content/dc517389-7918-49ba-a928-79d006612523
15 – https://twitter.com/sebastiankurz/status/1285069867629125638
16 – https://www.ft.com/content/dc517389-7918-49ba-a928-79d006612523
17 – https://www.thetimes.co.uk/edition/news/750bn-coronavirus-rescue-fund-in-chaos-as-eu-squabbles-over-purse-strings-vzgch906c
18 – https://www.thetimes.co.uk/edition/news/750bn-coronavirus-rescue-fund-in-chaos-as-eu-squabbles-over-purse-strings-vzgch906c
19 – https://www.reuters.com/article/us-eu-summit-rutte/mr-no-no-no-why-dutch-pm-rutte-plays-role-of-eu-bogeyman-idUSKCN24K0O7
20 – https://www.bbc.co.uk/news/av/uk-politics-27053536/euro-moments-thatcher-says-no-no-no-to-europe
21 – https://www.ft.com/content/dc517389-7918-49ba-a928-79d006612523
22 – https://www.ft.com/content/2b69c9c4-2ea4-4635-9d8a-1b67852c0322
23 – https://www.thetimes.co.uk/edition/news/750bn-coronavirus-rescue-fund-in-chaos-as-eu-squabbles-over-purse-strings-vzgch906c
24 – https://reut.rs/3jfR7jT
25 – https://news.sky.com/story/coronavirus-eu-leaders-extend-talks-on-unprecedented-virus-recovery-fund-12031925
26 – https://www.ft.com/content/dc517389-7918-49ba-a928-79d006612523
27 – https://www.ft.com/content/dc517389-7918-49ba-a928-79d006612523
28 – https://www.ft.com/content/dc517389-7918-49ba-a928-79d006612523
29 – https://news.sky.com/story/coronavirus-eu-leaders-extend-talks-on-unprecedented-virus-recovery-fund-12031925

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21 Comments

21 Comments

  1. @mohammadiqbal6688

    March 1, 2024 at 11:40 pm

    Austia coesto politico come vincere tutti game fatto Como sociale mio selulare

  2. @mohammadiqbal6688

    March 1, 2024 at 11:40 pm

    tutto euro controllo Como

  3. @sionsmedia8249

    March 1, 2024 at 11:40 pm

    Can the EU just end, they clearly aren't democratic, and they also aren't helpfully to countries, this loan and grant is very late and won't help that much now.

  4. @robthebold6901

    March 1, 2024 at 11:40 pm

    The Dutch calling themselves frugal is comical.

  5. @superstudio55

    March 1, 2024 at 11:40 pm

    The propaganda campaign against Poland is currently underway, they talk a lot about democracy, but it's only about money and the power

  6. @alberpajares4792

    March 1, 2024 at 11:40 pm

    So no more confinemet needed?

  7. @bsant54

    March 1, 2024 at 11:40 pm

    The Frugal 4: Piss ant countries that like the idea of selling stuff duty free to large countries like France, Italy, Germany & Spain but when their consumers need help, oh sorry, no can do. You'd be cutting into our profit. Personally, I wish they'd leave the union and make their own. Better, Italia should leave. COVID-19 showed us in times of deep despair expect nothing from the EU esp. the Frugal 4. Italy put €200 billion into the fund, gets half it back in loans. That's the Frugal 4, telling others what to do with their own money AND to get them to STFU the EU gives them MORE money that should have been used for COVID Relief – the EXTORTION/CON ARTISTS that they are. Besides, WTF am I doing watching English productions about the EU anyway? They're out of the EU, WTF do they know or care?

  8. @domanit927

    March 1, 2024 at 11:40 pm

    disagreements and hard negotiation is a good sign of the health of the EU.

  9. @JootjeJ

    March 1, 2024 at 11:40 pm

    I must admit that I'm ashamed of my country. Although the terms are fully deserved, I hate hearing us referred to as "one of the frugal four" and "the awkward one". 😢

  10. @dirkgonthier101

    March 1, 2024 at 11:40 pm

    As usual, you have missed the most important part of the negotiations. There was decided that the EU would loan the money from the money market. These loans are still small, I admit, but they are there (for the first time ever). This means that the EU now has all the means in hand to let the Euro become a reserve currency of the US-dollar.

  11. @robyclay

    March 1, 2024 at 11:40 pm

    The European Union or the Union of Western interests, gives money in exchange for the total submission of the countries of the south and east of the continent. I want the disintegration of the EU and the economic isolation of France and Germany. Total boycott of the products of these countries.

  12. @xeroxsaw1303

    March 1, 2024 at 11:40 pm

    Glad that the EU countries came to an agreement, but honestly, southern countries should complement this aid with policies such as cuts to retirees etc, and I’m saying this as a Spaniard
    Also, I think that this approach could be used on a more global scale helping out poor countries too instead of only aiding rich countries

  13. @l27tester

    March 1, 2024 at 11:40 pm

    I think the UK correctly dodged a bullet by leaving the EU

  14. @charlesramses1029

    March 1, 2024 at 11:40 pm

    🇪🇸🇪🇺🇪🇸🇪🇺🇪🇸🇪🇺🇪🇸🇪🇺🇪🇸

  15. @Moonbearchop

    March 1, 2024 at 11:40 pm

    Oh my god, rebate is huge no go for EU. British Rebate and blockade in council were the roots of the brexit and legacy of Thatcher. President of Council shouldn't play that card. I mean, haven't they learned their lesson already?

  16. @DerDoMeN

    March 1, 2024 at 11:40 pm

    The agreement is a great step for EU but as long as EU doesn't reform in a way where there are mechanisms for sanctioning states like Hungary and Poland by freezing their voting rights to some extend or fully such agreements still make just plasters and not cures. The first thing on agenda for the post covid-19 EU should be fixing such holes in the system.

  17. @exarder1377

    March 1, 2024 at 11:40 pm

    Very sad to see the Brits go, Hope the Netherlands follows soon before nothing of our wealth is left.

  18. @sebastianljung8745

    March 1, 2024 at 11:40 pm

    From what I've heard as a person from Sweden(one of the Frugal four), the issue of the rule of law in Poland and Hungary has been one of the larger reasons(probably larger than the economic unfairness or issues with "proper spending") why Sweden felt against the proposal

  19. @diegoyuiop

    March 1, 2024 at 11:40 pm

    They shouldn't have given us any money. Our government is already wasting it all

  20. @hoi4noob765

    March 1, 2024 at 11:40 pm

    1:43 Blesss you

  21. @catcatcatcatcatcatcatcatcatca

    March 1, 2024 at 11:40 pm

    I think Germany and France learned that their banking sector is totally dependent on the bond-market of south Europe. If you want to look for a moral hazard, it lies there – just like last time.

    Building a single market,giving up monetary sovereingty means that the ECB needs to act like a central bank would – for the whole EU, meaning all memberstates. If the frugal four had their way they would risk their own long term interests in a major way.

    The austerity measures of Greece actually increased their debt to GDP – by slashing their GDP that is. We don't want to do the same again as we should realise that hurts the whole EUs economy. Also southern debt is northern trade surplus – the mantra about countries being like households falls apart pretty fast when considering the European economy as a whole: you can't both be the one telling people to buy less meat and also expect your butchershop to do well.

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The EU’s Sneaky Plan to Tax Big Tech Explained

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Go to https://hensonshaving.com/TLDR and enter “TLDR” at checkout to get 100 free blades with your purchase.

In this video, we’ll discuss the EU’s new plan to quietly tax US Big Tech – and whether it could work.

📰 Too Long: https://toolong.news/
🎉 TLDR Party:  https://toolong.news/pages/tldr-party
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Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

Sources:

The EU’s plan to capture US Big Tech revenue
https://www.ft.com/content/ad06ed89-f600-4694-8c95-7d53b6d3315b?syn-25a6b1a6=1
https://www.reuters.com/business/retail-consumer/brussels-looks-capture-big-tech-through-tax-large-corporations-ft-reports-2026-10-07/

EU rejects France’s calls for an EU-wide digital services tax
https://www.ft.com/content/e5a76494-71df-4ee0-a85f-b28f2c94ded6?syn-25a6b1a6=1
https://www.vatcalc.com/global/eu-holds-back-on-digital-services-tax-as-us-raises-retaliation-threat/

EU’s proposed CORE mechanism
https://blogs.lse.ac.uk/europpblog/2025/08/28/the-commissions-foray-into-corporate-taxation-a-core-problem-for-the-eu-budget/
https://commission.europa.eu/strategy-and-policy/eu-budget/long-term-eu-budget/eu-budget-2028-2034_en#driving-prosperity-via-competitiveness-research-and-innovation

US exempted from Pillar 2 of OECD’s global minimum corporate tax agreement
https://youtu.be/85voZ2FJhZk?si=6jVOHTB5CBTKvigd
https://www.theguardian.com/business/2026/jan/06/us-exemption-oecd-global-tax-deal-multinational-companies
https://www.theguardian.com/business/2021/oct/08/oecd-deal-imposes-global-minimum-corporate-tax-of-15

G7 statement on global minimum tax
https://www.canada.ca/en/department-finance/news/2025/06/g7-statement-on-global-minimum-taxes.html
https://www.ey.com/en_gl/technical/tax-alerts/canada-g7-releases-statement-on-global-minimum-tax-pillar-two-and-canada-rescinds-digital-services-tax

European Digital Services Taxes (DSTs)
https://taxfoundation.org/data/all/eu/digital-services-taxes-europe/
https://taxfoundation.org/testimony/pillar-one-digital-services-taxes/
https://www.reuters.com/en/germany-seeks-levy-10-tax-online-platforms-like-google-2025-05-29/

Accusations of tax avoidance by Silicon Valley tech companies
https://www.theguardian.com/us-news/2025/apr/15/silicon-six-accused-of-avoiding-almost-278bn-in-us-corporation-taxes-over-10-years
https://itep.org/trump-meta-tesla-alphabet-amazon-obbba-taxes/
https://itep.org/amazon-alphabet-meta-tesla-pro-trump-tech-companies-avoided-taxes/

0:00 The EU’s Sneaky Plan to Tax US Big Tech Explained
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Has Ukraine De-Russified the Internet?

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In this video, we will investigate how Russia uses bots for its influence campaigns, how the recent strikes may have affected Russian bots and what this could mean for Russia.

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Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

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Why the Trump-Putin Diesel Deal is Already Falling Apart

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Go to https://hensonshaving.com/TLDR and enter “TLDR” at checkout to get 100 free blades with your purchase.

In this video, we’re going to explain why the Trump-Putin diesel deal is probably illegal; whether it’ll get struck down; and why – either way – it’s a pretty rubbish deal anyway, even from Trump’s perspective.

📰 Too Long: https://toolong.news/
🎉 TLDR Party:  https://toolong.news/pages/tldr-party
📖 Read our Manifesto: https://tldrnews.co.uk/manifesto

Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

Sources
Diesel prices/components
https://tradingeconomics.com/united-states/us-diesel-sales-price-$-per-gallon-w-na-fed-data.html
https://tradingeconomics.com/commodity/brent-crude-oil
https://www.ft.com/content/f117f347-e1e0-457c-83fc-ba4745581bb2?syn-25a6b1a6=1

Fuel vs Dem congressional ballot
https://www.economist.com/graphic-detail/2026/09/17/high-petrol-prices-could-hand-democrats-a-mighty-midterm-victory

Trump Truth Social posts
https://truthsocial.com/@realDonaldTrump/posts/117412435306815143
https://truthsocial.com/@realDonaldTrump/posts/117422699218841250

Zelenskyy comments
https://www.axios.com/2026/10/09/exclusive-zelensky-putin-trump-diesel-deal
https://thehill.com/policy/international/6141601-russia-strikes-ukraine-power-plant/

Laws
https://thehill.com/homenews/house/6140830-fitzpatrick-bill-block-russian-oil/
https://www.congress.gov/bill/117th-congress/house-bill/6968
https://ofac.treasury.gov/sanctions-programs-and-country-information/countering-americas-adversaries-through-sanctions-act-related-sanctions
https://www.congress.gov/bill/119th-congress/senate-bill/5025

Reports that Russia lacks refining capacity
https://www.aljazeera.com/news/2026/10/10/why-is-us-turning-to-russia-for-diesel-despite-sanctions

0:00 Why the Trump-Putin Diesel Deal is Already Falling Apart
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What Would a “European Security Council” Look Like?

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Want to restore the planet’s ecosystems and see your impact in monthly videos? The first 100 people to join Planet Wild with my code NEWSEU10 will get the first month free on me: https://planetwild.com/r/tldrnewseu/join/10
If you want to get to know them better first, check out their mission bringing wildlife back to Bristol: https://planetwild.com/r/tldrnewseu/m43/10

Last month, Ursula von der Leyen announced the formation of a European Security Council that would help to coordinate a response and strategy against hybrid attacks. In this video, we’re taking a look at how this could look like and the hurdles standing in the way.

Von der Leyen’s New Plan for European Independence Explained: https://www.youtube.com/watch?v=ec_4Un6JrAY

📰 Too Long: https://toolong.news/
🎉 TLDR Party:  https://toolong.news/pages/tldr-party
📖 Read our Manifesto: https://tldrnews.co.uk/manifesto

Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

Sources:
https://ec.europa.eu/commission/presscorner/detail/ov/SPEECH_26_1868
https://sieps.se/en/publications/2026/forging-european-strategic-unity-the-case-for-a-european-security-council/
https://www.martenscentre.eu/wp-content/uploads/2020/06/european-security-council-blueprint.pdf
https://www.politico.eu/article/donald-trump-greenland-crisis-revives-calls-for-european-security-council/
https://www.chathamhouse.org/2020/07/future-e3/origins-and-development-e3
https://www.nato.int/en/what-we-do/introduction-to-nato/the-consultation-process-and-article-4
https://www.iss.europa.eu/publications/commentary/european-security-council-between-strategic-need-and-institutional
https://www.europarl.europa.eu/RegData/etudes/BRIE/2024/757822/EPRS_BRI(2024)757822_EN.pdf

00:00 – Introduction
01:52 – Historic Attempts
03:49 – The Alternatives
08:01 – Planet Wild

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Spain’s Housing Crisis Explained

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As protests take over the streets of dozens of Spanish cities, we explain what caused the country’s housing crisis, how it eventually toppled Sánchez’s government, and what might happen in November.

📰 Too Long: https://toolong.news/
🎉 TLDR Party:  https://toolong.news/pages/tldr-party
📖 Read our Manifesto: https://tldrnews.co.uk/manifesto

Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

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