Angela Merkel: Possible that EU budget summit will fail
Sunday will be 'decisive,' says German chancellor as leaders head into third day of talks.
German Chancellor Angela Merkel said on Sunday that it is possible EU leaders will fail to reach a deal on the budget and recovery package at the European Council summit in Brussels.
Speaking on arrival at the Europa building, she said Sunday would be the “decisive” day for talks. European leaders on Saturday decided to extend the summit in an effort to reach a deal on a proposed €1.82 trillion EU budget and recovery package.
“We are going into the third day of negotiations today and it is certainly the decisive one,” Merkel said. “At this point, we’ve properly worked through various issues including the size of the fund, how it is managed and also issues regarding the rule of law. I still can’t tell if there will be a solution.”
“There’s lots of goodwill, but there are also many positions. That’s why I will be among those pushing for an agreement, but it is also possible that there will be no result today,” the German chancellor said.
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