Brussels,JULY 20:
Weary and bleary, European Union leaders were gearing up Monday for a fourth day of fighting over an unprecedented 1.85 trillion-euro ($2.1 trillion) EU budget and coronavirus recovery fund, barely recovered from a weekend of walkouts, fists slamming into tables and insults.With a brilliant sun warming the negotiating sundeck at the Europa summit center early Monday, there finally was a glimmer of hope that the talks to help the continent emerge from the pandemic through an unprecedented economic aid package is not doomed after all.“It looks more hopeful than when I thought during the night: ‘It’s over,’” said Dutch Prime Minister Mark Rutte, the target of much of the criticism. The meeting broke up temporarily and is due to resume on Monday afternoon.It took a heart-tugging dinner speech by EU Council President Charles Michel about leaders not failing their union, French President Emmanuel Macron slamming his fist in anger into the table, and a new set of budgetary numbers to send this epic summit onward.It was planned as a two-day summit scheduled to have ended Saturday, but there are deep ideological differences between the 27 leaders forced the talks into two extra days.Rutte, defending the cause of a group of five wealthy northern nations — the Netherlands, Austria, Finland, Sweden and Denmark — sought to limit costs and impose strict reform guarantees. He came under criticism from Macron, Italy and Hungary, whose Prime Minister Viktor Orban asked why the Dutchman had such “hate” toward him.“We are not here because we are going to be visitors at each other’s birthday party later. We are here because we do business for our own country. We are all pros,” he said.On Sunday night, after three days of fruitless talks and with hope dimming, Michel implored leaders to overcome their fundamental divisions and agree on the budget and recovery fund.“Are the 27 EU leaders capable of building European unity and trust or, because of a deep rift, will we present ourselves as a weak Europe, undermined by distrust,” he asked the leaders. The text of the behind-closed-doors speech was obtained by The Associated Press.“I wish that we succeed in getting a deal and that the European media can headline tomorrow that the EU succeeded in a Mission Impossible,” Michel said.The pandemic has sent the EU into a tailspin, killing around 135,000 of its citizens and plunging its economy into an estimated contraction of 8.3% this year.The bloc’s executive has proposed a 750 billion-euro coronavirus fund, partly based on common borrowing, to be sent as loans and grants to the countries hit hardest by the pandemic. That comes on top of the seven-year 1 trillion-euro EU budget that leaders had been haggling over for months even before the pandemic hit.Even with Macron and German Chancellor Angela Merkel negotiating as the closest of partners, the traditionally powerful Franco-German alliance could not get the quarrelling nations in line.At their dinner table Sunday night, the leaders mulled a proposal from the five wealthy northern nations that suggested a coronavirus recovery fund with 350 million euros of grants and the same amount again in loans. The five EU nations — nicknamed “the frugals” — had long opposed any grants at all, while the EU executive had proposed 500 million euros.“We are ready to take the leap from loans to subsidies,” Rutte said.
