PARIS – Macron hails EU deal

The EU has reached a historic deal that puts at the bloc’s disposal the shared financial resources needed to tackle the challenges of the COVID-19 crisis, French President Emmanuel Macron told reporters after the summit.

Although concessions had to be made to win over member states whose objections were blocking a deal, Macron said, but added they were proportionate, and necessary to deliver a recovery plan big enough to be effective.

“If we don’t take into account these realities, we would put these leaders in a difficult spot and favour the rise of populists,” he said regarding the Frugal Four.

“It’s legitimate that we have different sensibilities, (…) which means we still have a lot of work to do on convergence, we didn’t do enough over the years in terms of economic and financial convergence,” Macron added.

“There is no such thing as a perfect world, but we have made progress,” Macron said. “I think we can legitimately rejoice.”

(Anne Damiani | EURACTIV.FR)

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