Europe’s Expensive Coronavirus Summit

Neither values nor geopolitics played any role when EU leaders agreed to spend their way out of the coronavirus crisis at a marathon summit. Once again, Europe as a strategic player has been postponed.*

It was never going to be an easy summit. When it comes to agreeing the EU’s seven-year budget, the multiannual financial framework (MFF), every single member state puts its own interests first.

But this time around, when EU leaders gathered in Brussels on July 17, 2020, for the start of four days of wrangling and horse-trading during a special European Council, the political circumstances had profoundly changed since the last budget negotiations of 2013.

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Πηγή: carnegieeurope.eu

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