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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
source
@mohammadiqbal6688
March 1, 2024 at 11:40 pm
Austia coesto politico come vincere tutti game fatto Como sociale mio selulare
@mohammadiqbal6688
March 1, 2024 at 11:40 pm
tutto euro controllo Como
@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.
@robthebold6901
March 1, 2024 at 11:40 pm
The Dutch calling themselves frugal is comical.
@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
@alberpajares4792
March 1, 2024 at 11:40 pm
So no more confinemet needed?
@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?
@domanit927
March 1, 2024 at 11:40 pm
disagreements and hard negotiation is a good sign of the health of the EU.
@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". 😢
@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.
@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.
@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
@l27tester
March 1, 2024 at 11:40 pm
I think the UK correctly dodged a bullet by leaving the EU
@charlesramses1029
March 1, 2024 at 11:40 pm
🇪🇸🇪🇺🇪🇸🇪🇺🇪🇸🇪🇺🇪🇸🇪🇺🇪🇸
@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?
@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.
@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.
@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
@diegoyuiop
March 1, 2024 at 11:40 pm
They shouldn't have given us any money. Our government is already wasting it all
@hoi4noob765
March 1, 2024 at 11:40 pm
1:43 Blesss you
@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.