Merkel Sees a July Deal on the EU’s Massive Recovery Fund

  • EU leaders to debate recovery plan at summit on June 19
  • Divisions persist on size of fund, how long it will run for
Photographer: Alex Kraus/Bloomberg
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German Chancellor Angela Merkel expects the European Union to agree on a recovery plan in July, a sign of the long and fraught negotiations the bloc’s leaders are facing the coming weeks as they seek to agree on a radical proposal to deal with the virus-induced recession.

Merkel, who was speaking on Tuesday to conservative lawmakers in a closed-door meeting, also said that Germany should be able to receive funds from the plan, according to an official who asked not to be named discussing private remarks.