French President Emmanuel Macron’s popularity increased by six points in the opinion polls that were done on July 21-23, especially, after the 27 EU members agreed on a 750 billion euro stimulus and the reshuffling of cabinet ministers in July.
President Macron called the marking of the EU Recovery Deal a ‘historic day for Europe’ that will support nations to recover from the novel Covid-19 pandemic.
As the meeting arrived on its fifth day, the 27 members of state and government finally consented to seal the EU Recovery Deal, the Guardian reported.
Despite the opposition from a few states, Austria, Netherlands, Denmark, and Sweden that the deal was signed at 5:15 am 27 on Tuesday morning.
According to BBC, the package will permit EU nations to manage to spend on the consequences of lockdowns that severely influenced the economy. It incorporates checks so that the assets won’t get misused. The beneficiaries will have to submit spending plans to the European Commission, and a dominant part of states will have the option to block plans.
The European Commission president, Ursula von der Leyen, said that the discussion lasting over 90 hours, had been “justified, despite all the trouble” and that the EU couldn’t be blamed this time for being late in executing what was needed.