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7/15, 12:07 PM (Source: TeleTrader)
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Very difficult hours before EU budget deal - Sanchez

Spanish Prime Minister Pedro Sanchez stated on Wednesday that reaching a deal on the European Union's budget and coronavirus recovery fund will be preceded by "very difficult hours."

Sanchez said his government plans to show "empathy" to all other EU member states, adding that, although they "have different views on the answer to the crisis," they all "share a common goal."

Sanchez previously welcomed the grants plan proposed by German Chancellor Angela Merkel and French President Emmanuel Macron and announced his government is working on its own €150 billion reform plan to aid the country's economy, severely hit by the coronavirus pandemic.

Breaking the News / JR