The four presidents of the main EU institutions met today to prepare the intensive inter-institutional negotiations that lie ahead.

A read-out of the meeting between European Commission President Ursula von der Leyen, the President of the European Parliament David Sassoli, German Chancellor Angela Merkel, in her capacity as head of the rotating Presidency of the Council, and the President of the European Council Charles Michel, on 8 July 2020.

Today, President von der Leyen received the Presidents of the European Parliament, of the Council of the EU and of the European Council, in order to take stock of progress in the discussions regarding the next Multiannual Financial Framework and NextGenerationEU, and prepare the intensive inter-institutional negotiations that lie ahead.

They analysed the economic forecasts for the coming months that point to a severe recession and noted that the crisis will have a deep social impact across the European Union. They reaffirmed their strong commitment to do everything in their power to mitigate this social impact and to help the European economy rebound rapidly.

Read more at the link below.