German chancellor Angela Merkel speaking to Dutch prime minister Mark Rutte. Photograph: Francisco Seco/Pool/EPA A draft document submitted to the national leaders of the European Union member states to try to break deadlocked talks on the seven-year budget and pandemic recovery fund includes limits to Common Agricultural Policy payments and reduced rural development funds.
The proposal was eked out in painstaking negotiations that ran night and day since Friday in a tussle between budget-conscious wealthy northern states and a broad group of countries advocating for a generous stimulus package that would counteract a severe recession.
Under the proposal, a €5 billion […]
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