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representatives of the countries-leaders of the European Union on the first day of the summit in Brussels failed to agree on the formation of the seven-year budget plan. About it reports TASS.

Representatives of European countries also failed to agree on the Fund’s recovery of a community after a pandemic. It is noted that the meeting will resume on Saturday, July 18.

As one of the diplomats, the negotiations were blocked by the Prime Minister of the Netherlands mark Rutte, who is “the vision of the management of the Fund recovery.”

an Unscheduled EU summit was devoted to negotiations on the seven-year budget plan in one 1,074 trillion euros and the Foundation of economic recovery after the pandemic coronavirus 750 billion euros. 500 billion euros — in the form of grants, 250 billion for loans.

as mentioned Earlier, we developed a program to support the economy of the affected countries has caused criticism from some European countries, which propose to reduce the amount of debt and only agree to credit. As a compromise, European Council President Charles Michel proposed to postpone the beginning of payment of debts for the year is 2027, and save discount on contributions to the EU budget.

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Jennifer Alvarez is an investigative journalist and is a correspondent for European Union. She is based in Zurich in Switzerland and her field of work include covering human rights violations which take place in the various countries in and outside Europe. She also reports about the political situation in European Union. She has worked with some reputed companies in Europe and is currently contributing to USA News as a freelance journalist. As someone who has a Masters’ degree in Human Rights she also delivers lectures on Intercultural Management to students of Human Rights. She is also an authority on the Arab world politics and their diversity.