EU Reconstruction Fund Agreement

After five days of discussion, the EU Summit has finally reached an agreement on a reconstruction fund compromise. The amount of the subsidy system was originally proposed by the German and French leaders of 500 billion euros, but it has been reduced to 390 billion euros in this compromise. It can be appreciated that the […]

Speculation about EU Summit Agreement

Speculation about the agreement on the reconstruction fund at the EU Summit held today is mixed. Austrian Prime Minister Kurz is optimistic about the compromise, hoping for an agreement at this meeting, but not next time. On the other hand, Dutch ruler Rutte, a fiscal discipline, said there is less than a 50 percent chance […]