Fears grow EU leaders will come up short over €1.5trn recovery package for Covid-19 crisis

Mairead McGuinness, Midlands-North-West MEP and vice-president of the European Parliament

Fears are rising that EU leaders will flunk shirk the challenge at today’s summit meeting and defer a key decision on how to fund a €1.5 trillion Covid-19 recovery package that could determine the future economic and political stability of Europe.

Mairead McGuinness, Midlands-North-West MEP and vice-president of the European Parliament, said that “the eyes of the world were on the EU leaders”, and there were huge expectations resting on their shoulders of EU leaders to agree a huge recovery package to save European economies from a prolonged slump.