Austria
Emmanuel Macron, Angela Merkel agree €500 billion coronavirus recovery plan for Europe
France and Germany proposed Monday a 500-billion-euro ($542-billion) fund to finance the recovery of the European Union’s economy from the devastation wrought by the coronavirus crisis. Putting aside past differences and seeking to prove that the Franco-German core of Europe remains intact, President Emmanuel Macron and Chancellor Angela Merkel announced the unprecedented package after talks by video conference. European Central Bank head Christine Lagarde told major European newspapers that “the Franco-German proposals are ambitious, targeted and welcome.” With the European economy facing its biggest challenge since World War II, Macron also acknowledged that the EU had fallen short in its initial response to the virus and needed to coordinate more closely on health. Financed by “borrowin...
UEFA releases possible dates for Champions League games
UEFA’s plan to complete the Champions League and Europa League continues. The plan says that they will be played throughout the month of August once the leagues are done in July. UEFA have an idea which is to end the season by the end of August. Therefore, the domestic leagues need to be completed by the end of July. The proposal is for the remaining last 16 games to be played in the first week of the month. On 26th and 29th August, Gdansk and Istanbul will host the Europa League and Champions League finals respectively. ‘Marca’ says that they will try and stick to that instead of playing both the finals at the same venue. There are 17 Champions League and 27 Europa League matches left to play. Confirmation of the new calendar depends first on leagues getting back underway and then on the ...
