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MEP warns EU deal comes with a price

Jul 21, 2020 13:23
By radiokerrynews
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MEP warns EU deal comes with a price
By Sébastien Bertrand (http://www.flickr.com/photos/tiseb/4592786358/) [CC BY 2.0 (http://creativecommons.org/licenses/by/2.0) or CC BY 2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons

The EU Covid-19 recovery deal is being welcomed here, but there's a warning it comes at a price, and will mean cuts elsewhere.

The EU Covid-19 recovery deal is being welcomed here, but there's a warning it comes at a price, and will mean cuts elsewhere.

A €1.8 trillion package has been agreed by leaders, after five days of marathon talks in Brussels.

For countries worst-hit by the virus, they can avail of a €750 billion package of loans and grants, but the new Common Agricultural Policy budget has been reduced by over €35 billion.

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Ireland South MEP Sean Kelly says the agreement means funding will be slashed in some key areas.

 

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