Market news
17.11.2020, 10:58

German foreign minister upbeat that EU budget issue can be solved

Reuters reports that German foreign minister said that Germany in its role as the current holder of the European Union presidency is partly responsible for finding a solution to a row over the EU budget, and it should be possible to come up with one.

Hungary and Poland blocked the adoption of the 2021-2027budget and recovery fund at a meeting of ambassadors of EUnations on Monday, over a clause making access to money conditional on respect for the rule of law.

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