Merkel and Macron hope to approve the budget and recovery fund

German Chancellor Angela Merkel expressed her hope today that the European Union member states will overcome their differences over a recovery fund and a budget of more than one trillion euros to face the impact of the coronary virus epidemic on the euro zone economy.

Merkel said at a joint news conference with French President Emmanuel Macron that "countless talks" are still in place, but added: "We hope we can find a solution even if there is still a long way to go" and the summit is scheduled for July 17-18. .

Macron stressed that a deal on the EU budget and recovery fund could be found at the July summit and said that the fund should include grants worth 500 billion euros for the countries most affected, stressing, "It is our absolute priority without this Europe will not rise to the challenge."