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Italy to Netherlands: Europe needs to agree on recovery package

POLITICS
Italy to Netherlands: Europe needs to agree on recovery package

European states must overcome their differences and agree on a "strong and ambitious" package to help their COVID-19-ravaged economies recover from the worst crisis since World War II, Italy said on Tuesday.


"All countries should agree on the need for exceptional measures to counter an exceptional situation, despite disagreements on the solutions to adopt, said foreign minister Luigi Di Maio.

He was speaking to reporters after talks at the Italian foreign ministry in Rome with his Dutch counterpart Stef Blok.

"This is clear duty that we have, also towards future generations," Di Maio added.

Last month, European Commission president Ursula Von der Leyen unveiled a proposed 750 billion euro recovery fund to be made up of 500 billion euros in grants and 250 billion in loans

While strongly supported by southern European countries, notably Italy and Spain, the proposed fund faces opposition from 'frugal' northern European countries like The Netherlands, which oppose any mutualisation of debt, favouring low-interest loans instead.



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