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EU agrees on COVID-19 aid deal after four days of fighting
Updated On: 22 July, 2020 07:39 AM IST | Brussels | Agencies
German Chancellor Angela Merkel said, "We have laid the financial foundations for the EU for the next seven years and came up with a response to this arguably biggest crisis of the European Union."

European Commission President Ursula von der Leyen and European Council President Charles Michel bump elbows after addressing a media conference at an EU summit in Brussels, Tuesday. Pic/AP
Weary but relieved, European Union leaders finally clinched a deal on an unprecedented €1.8 trillion ($2.1 trillion) budget and Coronavirus recovery fund early on Tuesday, somehow finding unity after four days and nights of fighting and wrangling over money and power in one of their longest summits ever.
With masks and hygienic gel everywhere at the summit, the 27 leaders were constantly reminded of the potent medical and economic threat the virus poses to their continent, and grudgingly committed to a costly, massive aid package for those hit hardest by COVID-19.
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