After four days of talks, the EU leaders struck a deal, on
Tuesday, on a huge post-coronavirus recovery package.
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| The Greek Prime Minister |
It will see the 27-nation block offering 750 billion euros
in grants and loans. Greek prime
minister, Kyriakos Mitsotakis, said that Greece will be getting more than 70
billion euros to counter the economic impact of the pandemic.
“For the first time, our country is gaining access to such
ambitious financial tools. We are returning to Athens with a total package
which exceeds 70 billion euros, a size unprecedented for our country, which we
will manage with responsibility and prudence” said the prime minister.
The Greek prime minister reflected the statement by the summit chairman, Charles Michel, who
said it was a “pivotal moment” for Europe by stressing the agreement was a
reasonable and fair compromise. “We have
reached a historic agreement,” he said.
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| The European Commission President |
Ursula von der Leyen, the European commission president said
that more than 90 hours of negotiations have been “worth it” and that the EU
could not be accused of doing “too little, too late”. Europe still has the courage and imagination to
think big” she said “Europe, as a whole, now has a big chance to come out
stronger from the crisis.”
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