GERMANY BECOMES EU'S NEXT TERM PRESIDENT


01/07/2020




Serhat TUNAR -TDO- Germany will take over from Croatia the rotating European Union presidency as of 1 July 2020 (today).

With the handover ceremony a little ahead, German Chancellor Angela Merkel held a meeting with French President Emmanuel Macron in Berlin last Monday.

Angela Merkel, who recently expressed opposition to the common borrowing policy, had offered to distribute 500 billion euros in aid to countries in economic distress without repayment, along with French President Emmanuel Macron. A joint venture of Germany and France has turned into a 750 billion euro aid plan by the European Commission.

Sweden, Denmark, Austria and the Netherlands are known to oppose the plan.


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