EU leaders meet (virtually) on Friday to discuss the bloc’s EU budget and recovery fund plans.
It’s the first opportunity for leaders to state their positions on the European Commission’s plans for a €1.1 trillion seven-year budget and a four-year €750 billion recovery fund to help Europe emerge from the coronavirus crisis.
European Council President Charles Michel has sought to play down expectations of how much progress is expected. Countries need to resolve disputes over the size and duration of the bloc’s recovery package as well as how funding should be allocated and overseen, he told leaders ahead of the meeting.
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**A message from the Croatian Presidency of the Council of the European Union: Croatia’s first Council Presidency took place in extraordinary and unprecedented circumstances. Seven years after we joined the European Union, and twenty years after the 2000 Zagreb Summit, Croatia was ready to step up to leadership, building a strong Europe in a world of challenges.**