7/20/2020, 1:19 PM (Source: TeleTrader)
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Macron: EU compromise is likely

A compromise on the European Union's coronavirus relief package is "likely" to be reached, French President Emmanuel Macron said on Monday as he arrived for the fourth day of the European Council summit in Brussels. He added he was determined to make progress on the deal.

However, the French president noted he is still "cautious" as there have been "tense moments" during the negotiations.

Earlier, French Economy and Finance Minister Bruno Le Maire said it was possible that the EU package deal will be reached today. Meanwhile, even hardliners like Austria and the Netherlands expressed positive sentiment ahead of the continuation of talks on Monday.

Breaking the News / VP