EU reaches 'historic' deal on post-pandemic recovery after marathon summit
Source: Reuters
JULY 21, 2020 / 1:27 AM / UPDATED 15 MINUTES AGO
BRUSSELS (Reuters) - European Union leaders reached an historic deal on a massive stimulus plan for their coronavirus-hit economies at a pre-dawn meeting on Tuesday after a fractious summit that lasted almost five days.
Summit chairman Charles Michel tweeted Deal shortly after the 27 leaders finally reached agreement at a 5.15 a.m. (0315 GMT) plenary session.
This agreement sends a concrete signal that Europe is a force for action, Michel said at a dawn news conference
It is about a lot more than money. It is about workers and families, their jobs, their health and their well-being. I believe this agreement will be seen as a pivotal moment in Europes journey, but it will also launch us into the future.
Read more: https://www.reuters.com/article/us-eu-summit/eu-reaches-historic-deal-on-post-pandemic-recovery-after-marathon-summit-idUSKCN24M0DF
Boris and the Brexiteers must be feeling great about themselves right now!
rickyhall
(5,509 posts)Fortinbras Armstrong
(4,477 posts)howardmappel
(101 posts)Lucky Luciano
(11,841 posts)Botany
(76,686 posts)ananda
(34,595 posts)Unlike the serious corruption here.
SunSeeker
(57,882 posts)gembaby1
(255 posts)Canada would love a deal with them, Im sure. I definitely would. Im Canadian and collaborating with the E.U. and trading with them sounds like the way out of this hellscape in the Americas.
Asia can be a part of this too. In fact, the faster we can diversify the Canadian economy, the better but be a little more careful with China. They are devious.
The United States needless to say is off limits. Not only does it have a raging pandemic but it also cannot be trusted with trade and international agreements. We learned that valuable lesson early when Trump placed emergency tariffs on us and used security reasons for it. As if Canada were planning to attack the United States at any second. After everything, we were looked at as an enemy.
The United States had a surplus with Canada in the beginning so there was no reason for any of this. Their main problems were from China and Mexico?? (although I must admit not knowing too much about what was going on at the U.S. southern border).
The new deal is a sham and there has been no guarantee for tariffs. Indeed, Trump has still been using tariffs on Canada even though we supposedly have a done trade deal.
So, theres no appetite In the general public to deal anymore with the United States.
