Daily Briefing: Germany's EU recovery deal hopes, Europe braced for Brexit shock, Russia backs Trump's German stance

10 June: Your round-up of the global issues leading today's agenda

10 June: Your round-up of the global issues leading today's agenda


  • Even though the European Union’s 750 billion-euro ($846 billion) coronavirus recovery package is facing stiff headwinds from budget hardliners, Germany believes an agreement can be reached quickly, according to Bloomberg. “Although there remain differences between various nations that are not small, I have the impression that everyone has the will to reach an agreement within a short time,” German Finance Minister Olaf Scholz said in a statement on Tuesday. “The starting positions are different, but as I said, a constructive spirit can be detected on all sides.”

 

  • EU member states including Ireland are urging Brussels to take into account the shock of a hard Brexit in addition to the pandemic in its response to the bloc’s gravest postwar economic slump, the Financial Times says. Diplomats from Ireland and Belgium have said in recent discussions addressing the bloc’s budget and €750bn recovery fund that they could be doubly hit by the UK’s no-deal departure from the EU and the economic fallout from the pandemic.

     
  • The reverberations from Donald Trump’s latest broadside against Germany have reached all the way to Moscow, Bloomberg reports. The president’s decision to withdraw more than a quarter of the US troops stationed in her country leaves Chancellor Angela Merkel exposed at a moment when she’s facing growing pressure to get tough with Vladimir Putin and was welcomed in the Russian capital. “It’s spitting in Merkel’s face,” said Vladimir Frolov, a former Russian diplomat who’s now a foreign policy analyst. “But it’s in our interests.”

     
  • A new study published in the journal Nature has calculated how many lives were saved in 11 European countries thanks to confinement policies during the Covid-19 pandemic. Researchers estimate that the measures imposed first in Italy, then in Spain and later in the other countries under analysis may have saved over three million lives – including around 450,000 in Spain, El País reports.

 

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