the oppositions are very different the president of the european council michel has got a an as invited everyone on the 17th of july to discuss this issue and there be many top's that would be necessary and i for example will also be involved in these now working closely together with others i would like to achieve a union as quickly as possible so that the economic recovery can take place as quickly as possible and sustainable is why what's important is that the economic recovery benefits everyone and that it's not just about companies and employees but that we also retain and strengthen social cohesion and you have it and that means that the opportunities for young people in europe must be preserved and this is why in our presidency we will be pushing him for a youth guarantee the possibility for every young person to get a job the income that they were not in the 6 months ahead. we won't be only dealing with combating the crisis but we last to be working intensely on terror we can address climate protection digital stuff when a t. and europe's role in the world in the future. 2 weeks

have is was monitoring the developments and brussels for us baba a new proposal from european council presidential michelle is now on the table making important concessions to the so-called frugal for any chance this will be more acceptable to the reluctant member states it's more except through to the through for of course and so we heard the austrian chancellor sebastian chord saying hope things are going quite well in his direction he meant of course but we heard also in the meantime the italian prime minister just at a con to said the talks are stalled because he doesn't find the cuts acceptable so around dinner time within 2 hours probably we're going to see another proposal so-called negotiating box with all the things the rebates and the sums looms and grants and everything sort of reassemble think of a puzzle in a different manner and then it will be put back and then they will talk about the begin it's going to be a long night and yesterday's talks awesome irritations is this all just about the coronavirus recovery fund or do the cracks run deeper than that. the cracks do indeed run deeper we have

brussels for a 2nd day to break a deadlock on the contentious economic recovery plan european council president child michel offered a revised proposal for the package aimed at helping countries worst affected by the coronavirus pandemic german chancellor angela merkel is chairing a summit tensions are running high between leaders and many expect the talks to continue until well into the night. negotiations and earlier than expected when agreement looked and likely the talks are hung up over the packages mix of loans and grants and who controls how countries spend the money. and our correspondent bob levy is monitoring the developments and brussels for us baba a new proposal from european council presidential michele is now on the table making important concessions to the so-called frugal for any chance this will be more acceptable to the reluctant member states it's more except through to the through for of course and so we heard the austrian chancellor suppressed in court saying oh things are going quite well in his direction he meant of course but we heard also in the meantime the italian prime minister

well years and listening that to european council president shall michel it's when he's speaking now after 4 days and 4 nights of american of an acrimonious talk with leaders at have finally clinched a deal on a multi 1000000000 dollar coronavirus rescue fund now that recovery package we understand will provide almost. $860000000000.00 in grants and loans to counter the effects of the recession that we've been seeing set in they had been huge divisions over just how much of this package should be loans how much should take the form of grants that don't need to be repaid they finally agreed and that was a unanimous decision that was agreed in the early hours of this morning well we can now speak to our correspondents and she joins me on the phone now from amsterdam step 4 days 4 nights of infighting finally a deal can you talk us through just what's been agreed here. yes finally they have this $27.00 signatures or indeed a long and dramatic summit more than 4 days and nights as you say but it is at the historic deal and they will also try to. economic growth trend of the european unio

meeting for a 2nd day to break a deadlock on a card contentious economic recovery plan european council president michel offered a revised proposal for the package which would help countries worst affected by the coronavirus pandemic german chancellor angela merkel is chairing the summit as germany currently holds the rotating presidency and supports a generous financial response member states however are divided on how much of the 750000000000 euros earmarked for the recovery package should be given out as grants and how much as loans to be paid back. joined now by our correspondent in a straw she's in brussels marina a new proposal put forward this morning what we know about it. shelf plan is ready to break the deadlock been experiencing yesterday on the 1st day of the summit so as it looks like at the moment the overall sound of the recovery package won't change but the proposal is to reduce the amount of grants to convince the so-called frugal countries led by the know the lambs mark route michelle also wants to get them some other goodies to win them over for example rebates on the overall budget .

brussels for a 2nd day to thrash out the terms of a contentious economic recovery plan european council presidential michelle offered a revised proposal for the package aimed at helping countries worst affected by the coronavirus and demick german chancellor angela merkel is chairing a summit. pessimism runs high among those most in need italian prime minister just epic contest says the talks are at a stalemate as wealthy northern european countries insist on a package consisting mainly of loans rather than grants tensions are also running high over who controls how countries spend the money. let's bring in our correspondent bob bizzle who's closely following the developments in brussels for us barbara even on day 2 of the summit member states remain at odds over the corona rescue package why are these negotiations so complicated the slovenian prime minister young so young and so he just put it really nicely yes' said this summit soften the shows the the whole complexity of the differences within the european union the smallness and the greatness and the selfishness and the solidarity 'd and in the end it al

contentious corona recovery plan the summit was supposed to end tonight but even after european council president michel offered a revised proposal for the stimulus package no consensus could be reached while a deal still seems far off several leaders said negotiations were heading in the right direction the talks are hung up over the packages makes of. loans and grants and who controls how countries spend the money after a long day if negotiations and bilateral talks e.u. leaders have met for dinner but even after breaking bread does agreements remain which becomes clear when listening to some of the e.u. leaders comments on the state of the talks so someone gets lost in summary one can say it is going quite well things are going in the right direction of course as you'd expect it's a tough struggle a tough negotiation with the movement in the right direction and that's the most important thing is 56 to 7 of us if we're going through a series of stalemate there are many issues we are discussing. i'm inviting all leaders to converge towards a common aim 'd to approve the next generation e.u. which is a

the president of the european council has offered a compromise to break a deadlock over a coronavirus economic recovery fund shell michel revised the amount paid out in grants to countries in need of stimulus funds european leaders are holding a 2nd day of negotiations in brussels friday's talks ended without an agreement these are divided over an overall proposed $858000000000.00 coronavirus recovery fund the main question is whether and how much should be distributed is grants or is loans the e used for biggest economies france germany italy and spain one most of the money to be paid as grants the leaders of the netherlands austria denmark and sweden have urged a more frugal approach pressing for more money in loans meanwhile hungry in poland objects to the proposal being tied to democratic rights or rick brooks is a political analyst and a professor at stanford university in berlin he explains why the negotiations have been so difficult. i think what we observe is a state that we got used to since the founding of the european union and given the fact that it's not a state or a federal organization but an organization

european council president charles michelle's offered a compromise to break a deadlock over an e.u. coronavirus economic recovery plan the new proposal offers more money in loans rather than grants for countries that need those loans the chancellor of austria said talks in brussels are difficult but they going in the right direction there's a protest march underway in a northern french town in memory of them a troll ray a young black man who died in police custody 4 years ago driver who was arrested on his birthday after running away from offices who approached him for an id check but hours later he was declared dead nobody's ever been convicted over his death in the u.s. congressman john lewis has died at the age of $83.00 it was a pioneer of the civil rights movement and an organizer of the 1963 march on the show too. up to date with the headlines on al-jazeera people in the next. 6 years ago an island secret mass grave for babies was discovered near a home for unmarried pregnant women an institution run by roman catholic nuns to find set off a scandal that has raised deeply distu

economic recovery fund that's this fight a compromise offered by the president of the european council shells michel to try to break that that look. u.s. leaders are paying tribute to one of the country's most respected civil rights activists congressman john lewis who has died at the age of 80 mr lewis helped organize the 1963 march on washington d.c. when martin luther king jr delivered his i have a dream speech tens of thousands of protesters in the far eastern russian region of khabarovsk are rallying against the rest of the governor said a full gallop is in custody after being flown to moscow accused of plotting the murders of business rivals 15 years ago his supporters say the arrest is politically motivated. coming next it's a listening post more news in half an hour but i. under. the tree. hello i'm richard quest virgin you're watching the listening post working from home here are some of the media stories we're covering this week poland reelect president after the government turns back the clock to the good old days of state controlled television he won the nobel peace prize last year but n

coronavirus economic recovery fund that's the spot a compromise offered by the president of the european council sheilds michel to try to break that that look. u.s. leaders are paying tribute to one of the country's most respected civil rights activists congressman john lewis who has died at the age of 80 mr lewis helped organize the 1963 march on washington d.c. when martin luther king jr delivered his i have a dream speech tens of thousands of protesters in the far eastern russian region of khabarovsk are rallying against the rest of the governor said a full gallop is in custody after being flown to moscow accused of plotting the murders of business rivals 15 years ago his supporters say the arrest is politically motivated. coming next it's a listening post more news in half an hour but i. you'll support the. troll or. i moved on you'll not get. a lower image of just virgin you're watching the listening post working from home here are some of the media stories we're covering this week poland reelect its president after the government turns back the clock to the good old days of state controlled television he

some rouhani also says another $35000000.00 are at risk of contracting the virus european council president john michel has offered a compromise to break the deadlock over the e.u. coronavirus recovery fund talks of entered into a 2nd day in brussels after leaders failed to reach an agreement on friday. tens of thousands of protesters in the far east of russia are rallying against the arrest of surrogate for girl the governor of travel to ask region he's accused of plotting the murders of his business rivals 15 years ago his supporters say the accusations are politically motivated. a new anti terror law has come into effect in the philippines it allows police to bypass the court system and arrest suspects without a warrant critics are concerned that the law may be able to target opponents of president roderigo to tertius government flooding in central china has forced nearly 30000 people from their homes days of downpours of hit a province those are your headlines up next in search of india's by. my name is arthur ashe taseer i'm a writer and a columnist. in this the 2nd of 2 films i'm traveling throug

negotiations are kind of underway in the background at the moment the president of the european council shall michelle's been doing a lot of negotiation with individual member states to try and find out where they will stand almost the one thing that everyone agrees on is that there is a need for a major step here a major program but once you come to a lot of the details there are discrepancies about the size of it should it be 750000000000 or just mentioned or should it be less than that there are some northern european countries that have been branded the frugal 4 who say. it should be smaller than that there's a big debate going on about whether the money should be handed out as grants or whether it should be loans that individual countries then have to pay back because the countries that are likely to suffer most say well if we just have to pay it back it's not really going to help us very much there's also a debate about the distribution of the money from which country to which and so the countries the likely to suffer economically the most the countries like italy and france will these are rich co

themselves are aligned in supporting a compromise proposal that was recently made by the european council's head schild michel and there was an indication from italy that it will be willing to subscribe to certain rules on the use of how of how it uses recovery funds with qantas saying that the rule should be very clear and very transparent but that does rick present a certain concession from italy which has been very reluctant to agree to what's known as conditionality as to how it disperses funds so the chancellor said there is still divergence of the e.u. member states on their positions but that it is imperative that they reach agreements that state of news chief political correspondent linda crane thank you melinda. there are some of the main developments in the global health emergency deaths in mexico have now exceeded 35000 only the u.s. brazil and the united kingdom have seen whole british charity save the children is warning that as many as 10000000 children may never return to school due to measures they're urging governments to do more to protect education and space nida . regional government has c

the $27.00 member states signed this agreement a huge victory for the president of the european council shall michel because he had the future of the e.u. in his hands indeed and step this was the 1st time that you leaders have met in person since the start of the current virus pandemic and this was initially be 2 days long instead it was more than double that now despite everyone talking about unity this morning we did see rather a lot of drama and deep division over the last 4 days where does all of that leave the european project now. well there was drama for sure there was this moment when the french president in final mccraw was already starting his plane and then pretending to leave and there was a lot of fist banging on the table the dutch prime minister mark kirk the was called all kinds of names mr no no stingy all these things so yes unity is of course a complicated word in this kind of atmosphere but at the end of the day all the $27.00 member states decided that they do need each other of course there's going to be does this a breach between the north and to south in the northern countri

massive and then make we're covering package out in their 4th day in brussels with european council president showing michelle saying he's confident a deal will be struck agreement over the $2.00 trillion dollars budget has been beset by deep ideological differences focused on the roughly $850000000000.00 coronavirus recovery fund is highlighting divisions over how much would be repayable and i suppose was for 445000000000 dollars in essentially free grants that's more than countries including the netherlands want and less than the amount table by france and germany and joins us live now from paris so where do things stand now natasha. well what we have is this proposal by the e.u. council headshell michel and it comes after several days and nights of intense discussions between the e.u. use $27.00 leaders now when they went into these talks at the beginning of the summit on friday what was on the table was this roughly 860000000000 dollar recovery fund to help europe's economies recover from the current virus pandemic the discussions over the past few days of really focused on how would that money be distrib

european council presidential michelle has offered a compromise to break a deadlock over the coronavirus recovery from talks about end to the 2nd day in brussels. iran has sent the black box flight recorders from january issue craney an aircraft crash to from still be analyzed there the boeing 737 was shot down by an iranian missile killing old 176 people on board iran did later acknowledged what it called a disastrous mistake a few days ago miscommunication and 14 asylum and we're being blamed. tens of thousands of protesters in the far east of russia are rallying against the arrest of a popular governor. surrogate for girl governor of cut offs region was arrested last week and flew into moscow he's accused of plotting the murders of his business rivals 15 years ago supporters in his home region say the accusations are politically motivated. tensions remain in mali today even as diplomats from across the region continue their efforts to reach an agreement on how the country should be run. protest leaders have described mediation efforts so far as quote a total failure live now to nichol

european council president charles michel is trying to assuage the concerns of wealthy northern states paul hawkins reports. birthday elbow bumps for germany's leader on day one, and a present from the bulgarian pm. but angela merkel‘s best birthday gift would be eu approval for a 750 billion euro rescue package. along with the french president, emmanuel macron, they want most of the package to be grants. but the so—called ‘frugal four‘ nations led by the netherlands prime minister mark rutte, along with austria, denmark and sweden, disagree. they want most of the package to be loans, not grants, and they want conditions attached such as getting greece and italy to reform their pensions and labour markets. translation: it's crucialto know what this money will be used for. we're fighting that this money will be used for future—orientated investments, for the environment, for digitalisation, for reforms, but not for past—orientated projects. but the southern eu states say attaching conditions will delay getting much needed help, especially with the eurozone economy forecast to slump by 8

the european council president charles michel said it was a "pivotal moment" for europe.irus. the office for national statistics said that was the third biggest monthly figure on record. let‘s speak to our business correspondent theo leggett. it's it‘s a lot of money but not as much as some had feared? it's a lot of money but not actually as much as the government had to borrow in the previous month, in may. but as you say, it‘s extremely significant and it is easy to see why. the economy has been on life support during lockdown, the government ‘s tax reve nu es lockdown, the government ‘s tax revenues have fallen, very significantly and at the same time, it‘s been paying out money for furlough schemes and other covid—19 support schemes so across the three months of the first part of the financial year, april, may, june, the government actually had to borrow £128 billion, that is a record and to put it into perspective, that compares with 55.4 billion in the whole of last year. and across this year as a whole, we are looking at more than £300 billion. the question being i

european council. under the leadership of sharm michel we want to reach agreement swiftly we have seen huge economic upheaval and we cannot waste any time only the weakest and most vulnerable will suffer i hope that we will reach an agreement before the summer recess we will need to see compromise much compromise on all sides including here this is an extraordinary situation. unprecedented in the history of the european union and so in extraordinary times germany is willing to defend an extraordinary sum of 500000000000 we need european unity i firmly believe that the social dimension is just as important as the economic dimension we need a socially and economically fairer europe that is key to democratic cohesion it is the best way to tackle all those that would undermine our democracy and render some. for this reason during our council presidency we will focus in particular on young people children's rights you are the future of europe. and you have been particularly hard hit by this crisis. we want to look at a european youth employment agenda a strong european youth guarantee we want to help young people

the president of the european council, charles michel, said members had reached the "right deal."t in europe's journey, but it will also launch us into the future. in fact, it is the first time, the first time in european history that our budget will be clearly linked to our climate objectives. the first time, the first time that the respectful rule of law is a decisive criteria for budget spending. and the first time, the first time that we are jointly reinforcing our economies against the crisis. gavin lee is in brussels for us. finally, this is a massive bailout fund? yes, a massive summit, almost the longest in history. 25 minutes longer was the nice summit 25 years ago. the takeaways from it, given they have had this amount of time, this was meant to be a fund that helps those countries worst affected like spain and italy in the south aside the interest rates to pay back on these loans will be too high so they wanted a grant. the idea was to give two thirds of this money as a grant that they would not have to pay back. there will be grants, 390 billion, and the so—called frug

contracting the virus the president of the european council has offered a compromise to break a deadlock over the coronavirus economic recovery fund charles michel's revised the amount paid out in grants to countries needing help to bounce back from lockdowns european leaders are negotiating for a 2nd day after 14 hours of talks on friday failed to find a breakthrough. the u.n. secretary general's delivered a stinging critique on inequality in the world during a speech marking nelson mandela international day and tonio terrorists as the world is at breaking point and the coronavirus pandemic is only exposed the deep divisions existing in our societies and us president donald trump's ordered flags over public buildings including the white house to be flown at half staff to honor the congressman and civil rights icon john lewis who died at the age of 18 he was a pioneer of the civil rights movement and was part of the inner circle of dr martin luther king back in the 1960 s. . you're up to date with the headlines we've got to news off you in 25 minutes time coming up next the latest edition of inside story. already embroiled in a war for years in ye

we'll come to an agreement this time and expect a very very difficult negotiations charles michel the european council president has cooked 26000000000 euro from the budget he 1st put forward back in may we're still looking it will be point 86 trillion that is being asked for but that includes the 7 year budget and hundreds of millions for korona recovery their opposition as you would imagine when it comes to numbers like this the frugal for they being called austria sweden denmark and. the netherlands meeting up the frugal 4 they say they'll only agree to these packages if they have the say on how countries spend that money they give it not a chance say those who will need the most of that money we're talking about france italy spain and greece here they say that would infringe upon their sovereignty the meeting started with the european parliament president david saw early warning that if an agreement isn't found there's going to be dire consequences for the whole block or i mean to go at the moment the heads of government have a huge responsibility we cannot allow ourselves to feel to reach an agre

charles michel the european council president has cooked 26000000000 euro from the budget he 1st put forward back in may we're still looking it will point 86 trillion. in that is being asked for but that includes the 7 year budget and while whipping hundreds of millions for corona recovery funds including $500000000000.00 in grants for corona recovery their opposition as you would imagine when it comes to numbers like this the frugal 4 they being called austria sweden denmark and the netherlands making up the frugal for they say they'll only agree to these packages if they have a say on how countries spend that money they've given not a chance say those who will need the most of that money we're talking about france italy spain and greece here it's a firm no no no when the from them they say that would infringe upon their wealth their sovereignty if they had to go to amsterdam or that to go to the hague i beg your pardon to get them to agree on what they were going to be spending e.u. money on the meeting started with the european a the european parliament president david saw early w

the european council president charles michel said it was a "pivotal moment" for europe.ay rises, in what the chancellor, rishi sunak, has called recognition of their vital contribution to the country during the pandemic. 900,000 public sector workers will benefit. labour says the rise would not make up for years of real—terms cuts. andy moore reports. after several months on the front line of the crisis, some welcome news for key public sector workers. they will get the full pay increases recommended by the independent pay review bodies. teachers in england will get the biggest pay rise — 3.1%. doctors and dentists across the uk will see their pay increase by 2.8%. police officers and prison staff in england and wales will get 2.5%. while the armed forces and the judiciary across the uk will get 2%. some of the increases, such as the ones for doctors, will be backdated to april. others will come into effect in september. more than a million nurses and hospital staff are not included in this announcement. they've already agreed a separate deal which works out at over 4%.

al-jazeera correspondent services joining us live from amsterdam step we heard charles michel the european council president saying this was a good deal and it was a strong deal but there were also a tremendous number of compromises made to get to this point. exactly it was not only a test of urine during this summit but also a task for the future of the european union because this a long meeting showed how much division there is among the $27.00 member states and at the end they could only come up with quite a complicated compromise so at the end to the so-called frugal for sweden denmark austria and then that lance had to to accept the fact that they're also going to be a huge chunk of grants given to the european states who are suffering from the cove 19 pandemic the worst but the frugal for managed to get some strict conditions into the deal where these countries have to follow up on economic reforms and there's also this call so-called emergency brake mechanism included which means that individual country can stop dispersing the money if one of the other countries is not following up on this

here's charles michel, president of the european council speaking a short time ago. believe this agreement will be seen as a pivotal moment in europe's journey, and it be seen as a pivotal moment in europe'sjourney, and it will also launch us into the future. in fact, it's the first time, the first time in european history, that our budget will be clearly linked to our climate objectives. the first time, the first time that the respectful rule of law is a decisive criteria for budget spending, and the first time, the first time that you are jointly reinforcing our economies against a crisis. our news reporter alanna petroff is here. alana, these talks went on and on and on, and they were difficult, because there was a lot of dissension in the ranks as to how to divvy up this huge economic fund to help countries cope with the pandemic. absolutely, so it entered a fifth day. this is one of the longest ever negotiations between all the member states, and ultimately they came out with this package where there was going to be more loans going out to countries in need inst

the european parliament has voted to withhold support for the eu s budget deal — which includes the rescue deal — unless changes are made. charles michel —— the president of the european councilhe stimulus package would help reverse europe's massive recession. let's run through the sticking points with michael peel — an eu diplomatic correspondent for the financial times in brussels. there's actually quite a large number. there is a very broad political spectrum of meps from ce ntre political spectrum of meps from centre right and liberals. havoc destines that include —— have objections that they want more progress on how the money will be raised to counter way some of this borrowing through things like carbon border taxes. they are also happy that the price of this budget deal was cut to the price of unity for the eu budget, to cut a lot ofjoint endeavours in fields such as science and research. particularly during a pandemic, some meps said this is not right, this is not the thing to do. the final thing that some are unhappy about is the fact that they see as very weak the provisions which try to link the disbursement of the money to the rule of law and good governments. so

last night, we were looking for charles michelle, the european council president to propose 400 billion euros in grants instead and we are hearing hardliners are willing to accept 390 billion euros in grants. it looks like we could get a deal possibly before markets open, but i think markets will be pretty happy with this headline. you were talking about the euro taking into the green on headlines and we continue to watch the euro-dollar at 1.1446. head ofing in the fixed-income research at socgen and guy, you had been counting on -- i was reading through your recent notes come your forecast, expect haitians, some kind of agreement here. this be all right with you if we got 390 billion euros in grants? as good as the original plan, but i think what is probably more important than the numbers is the psychological impact and the message being given. what is significant with this plan is the first step towards some sort of real fiscal union in terms of europe and one of the problems with the monetary make a monetary union work, you have to have a fiscal union so in that sense, the psycholo

sean michel the head of the the president of the european. council. wants that money to be handed over so quickly as possible because the because these countries have been hit so hard by the coronavirus and so we may see some some negotiation back and forth as to the size of the loans versus the size of the of the grants and we are expecting a germany to be quite generous in opening its while it when it comes to the coronavirus response which stands of course in stark contrast to tear its usual reputation for being quite frugal and demanding you know austerity programs in a southern european countries why is that the case now well yes just a few years ago in speaking of greece we saw pictures of angle americal with hitler moustache. good on them for a day through the streets of athens people were so unhappy about the austerity packages that germany was. asking that greece undertake in order to receive bailouts now it's a different story germany and france are the motor behind the stimulus package and germany's economy has been doing well and they thin

without agreement a compromise has been offered by the president of the european council to try to break the deadlock shows michelle has had to revise the amount paid out in grants the countries needing help to bounce back from lockdowns the talks will resume on sunday. the u.n. secretary general antonio good pettish has said that the coronavirus pandemic has pushed the world to breaking point exposing deep divisions in societies across the globe he made the comments during a speech marking nelson mandela international day our diplomatic editor james bass spoke to him earlier. in your speech secretary-general you describe a world out of balance you say we are at breaking point it is an idealistic speech but you are a realist how do you achieve the things that you want to achieve now my believe is that people. now aware of the enormous fragility of our world of our economies and of our societies for she with the addition to a microscopic virus that our sport that has put us on our knees for as you know the nation to climate change visualisation to lawlessness in the cyber space for deliberation to the new risks of n

from michelle the president of the european council and slavonic elaine the president of the european commission they've been reiterating the unity and solidarity of the e.u. both describing it as the next generation european union especially the emphasis on green investments as they focus on the attempted economic recovery well let's now speak to our correspondents to fast and she joins me now on the phone from amsterdam stepped off to move the 90 hours of negotiation as a bunch of language saying that we finally have a deal a historic deal can you talk us through what's been agreed here. yes you heard the word mission impossible as several times of course during this press conference and it is indeed a big victory for the european council president shall because the future of the e.u. as a unity was basically hanging in his hand and it is of course a very important sign that all the 27 countries have signed this deal because if it would have not if it would have failed it would have been dramatic of course for the european union and at the end it's a compromise that was a long battl

like to start by thanking the president of the council shall michel for his really hard work and his tremendous perseverance. because this excess of this european council is his success as well i'd like to think i'm going to america for her exceptional guidance . we spent 4 long days and nights of negotiation more than 90 hours but it was worth it this agreement is a signal that europe is able to act. now in germany after all. people often accused europe as being too little too late whereas here we're demonstrating that the opposite is the case at the end of april the european council gave us at the mandate of designing a recovery package and today today only 2 months later next generation europe is. up and running and it has the agreement of the european council and in the history of the european union that is an absolute record for a new budgetary instrument. and next generation europe is very extensive more than 1.8 trillion euros and that's more than 5 percent of the g.d.p. of the e.u. 27. europe still has the courage and the imagination to think big. and in so doing we. are fully aware that this is a historic moment in europe. we are curre

the man who has to get everyone to agree is the president of the european council, charles michel. yes, from countries that can free up more in their budget towards countries that are less able to, but the other way around for those countries to be able to do everything they can to resolve this, and that means reforms in the job market and in pensions. we asked our correspondent in brussels gavin lee whether it's true — as president macron says — that this summit could define the bloc‘s future. it is. it's hard to underplay this, and there is a sort of syndrome, inadvertently, about the eu, where you hear crisis after crisis over the last five years, whether it's the greek economy, terrorism, migration, brexit, almost the boy who cried wolf, but angela merkel, the german chancellor, emmanuel macron, the french president, saying this is the crisis of crises. this is the moment that they have to take a decision to be able to say, we will put more money into the coffers, notjust about the recovery fund and giving grants to other countries who need it most and about actually sharing mo

other stories making news around the world the european union has unveiled compromise proposals for its next 7 year budget e.u. council president child michelle presented the plans including a 750000000000 euro coronavirus recovery fund leaders will meet next week to decide whether age should be distributed to member states as handouts or as loans. lawmakers have voted to close down the biggest t.v. network in the philippines president red radio to tara to head often threaten the a.b.s. e.b.m. hope or its critical coverage of his administration the station was one of the philippines named news providers watchdogs have condemned the shutdown as a major blow to media freedom. voting is underway in singapore as general election prime minister lee hsien loong cast his vote following coronavirus safety protocols his long governing people's action party is expected to retain power. venice has tested giant flood barriers aimed at protecting the city from searching sea levels a local priest was on hand to bless the structures high tides cost catastrophic flooding last november meanwhile hoteliers in the city are expecting only 15 percent occupancy ne

the european union has has unveiled compromise proposals for its next 7 year budget e.u. council president sean michel presented the plans including a $750000000000.00 euro coronavirus recovery fund leaders will meet next week to decide whether aid should be distributed to member states as handouts or loans. voting is under way in singapore's general election prime minister lee hsien loong cast his vote following coronavirus safety protocols his long governing people's action party is expected to retain power. lawmakers in the philippines have rejected the renewal of a broadcast license for the country's top broadcaster a b s c via the media group employs 11000 people and has an audience of tens of millions of people activists called the move a political vendetta by lawmakers on behalf of president go to tear to the network has challenge the president in the past and will now be off the air indefinitely. here is what an a.b.s. c.d.n. worker had to say after the vote. so far. if you could. get very recently broke down very very early on in the wrong or right or the right people whom running the market.

other stories making headlines around the world the european union has unveiled compromise proposals for next 7 year budget council president sean michel presented the plans including a 750000000000 duro coronavirus recovery funds leaders will meet next week to decide whether aid should be distributed to member states as handouts or as loans. or voting is underway in singapore's general election prime minister lee hsien loong cast his vote following coronavirus safety protocols his long governing people's action party is expected to retain power. in the democratic republic of congo 3 people have died after violent protests 2 demonstrators were shot dead and a policeman was lynched in clashes over plans to name a new head of the country's election panel the un has condemned the use of force by military police. in the us the supreme court has ruled that president donald trump is not immune from criminal prosecution the decision means that prosecutors can seek access to his tax returns but justices of the conservative majority court also prevented congressional democrats from getting their hands on those returns for now that made the publ

economic recovery fund a compromise has been offered by the president of the european council to try to break the deadlock shows michelle had revised the amount paid out in grants to countries needing help to bounce back from lockdowns al-jazeera is then following developments from london. well we have seen concessions on saturday to the so-called frugal for the netherlands sweden denmark and austria who'd been calling for less of this recovery fund to be in terms of grants and more in terms of loans shall michel the e.u. council president suggesting that the grants section could be reduced from $560000000000.00 to $500000000000.00 another call from particularly from the netherlands was any country could effectively have a veto over the particular member states covered recovery spending plans something that is very worrying really for the likes of spain and italy who are likely to be the big recipients of these funds michel there suggested that there could be what he's calling an emergency break a 3 day window where any member state could trigger a review by the e.u. 27 of the nation's plans and we heard from italy prim

recovery fund this is despite a compromise offered by the president of the european council to try to break the deadlock shows michel's revise the amount which would be paid out in grants to countries needing help to bounce back from lockdowns european leaders are negotiating for a 2nd day already had 14 hours of talks on friday which failed to find a breakthrough this is the problem you've got a proposed $858000000000.00 coronavirus recovery fund and that should be the problem that the issue though is how much should be distributed as grants or as loans on one side you've got the a use for biggest economies france germany italy and spain they want the money most of it to be paid out as grants but the leaders of the netherlands austria denmark and sweden are all saying no we need to be more frugal here they need to be smaller grants and bigger loans meanwhile hungry in poland just object to the proposal being tied to democratic rights in the 1st place following this one from london this saturday is not a. dame take us through the compromise as much as you can find a compromise here. that's right come out it's very slo