GERMANY - Merkel: EU member states do not question common debt

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European Union member states all agree on a joint debt to partially fund the economic recovery plan in the face of the coronavirus pandemic, said German Chancellor Angela Merkel.

"The legal structure proposed by the Commission has not been questioned… The issuance of bonds by the Commission has not been questioned by anyone," Merkel said after a virtual summit of EU heads of state.

"The dispute remains, on the other hand, the size of the € 750 billion bailout plan proposed by the Commission and what the share of guarantees and debts will be," she said, calling for a speedy agreement on the issue. / ATA

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