European Council President Charles Michel on Friday offered concessions to countries across the EU in a plan for the EU’s long-term budget and economic recovery plan, hoping to bridge differences between national leaders when they meet next week.
Michel, who will chair the first face-to-face meeting of European Union leaders since coronavirus lockdowns were lifted, proposed a smaller 2021-27 budget in a bid to make a mass economic stimulus more palatable to thrifty northern countries.
