Foreign Minister Maas on the agreement with the European Parliament on the corona recovery package: A huge step for Europe's economic recovery - Hoofdinhoud

Following the intensive consultations of the German Presidency of the Council of the EU with the European Parliament and European Commission, an agreement could be reached today on the Multiannual Financial Framework (MFF).

Foreign Minister Heiko Maas issued the following statement today (10 November) on the agreement reached between the German Council Presidency and the European Parliament negotiating team:

Getting Europe’s economic recovery underway is a mammoth task which we assumed along with our Council Presidency. Today we took a huge step towards achieving this goal. This is a ray of hope for the economy and society in Europe.

As the Council Presidency, we have done everything possible to accommodate the demands of the European Parliament. This package contains clear arrangements for the introduction of new own resources and places a clear focus on forward-looking expenditures such as climate change mitigation and digitisation.

The whole of Europe is waiting increasingly impatiently for the coronavirus recovery package. The money must, at long last, reach those who urgently need it: the millions of people and businesses in Europe in jeopardy as a result of the pandemic. All political leaders and decision-makers in Europe must now act promptly to complete the remaining steps of this process. The second wave of the pandemic means that we cannot afford to lose any more time.