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Time is pressing on EU leaders to agree budget, recovery fund -Merkel

15 Jul 2020 / 01:25 H.

    BERLIN, July 14 (Reuters) - Time is pressing on EU member states to reach a deal on proposals for a long-term budget and a stimulus plan, Chancellor Angela Merkel said on Tuesday, adding that Germany would push for a compromise at a summit of leaders this week.

    "It would be desirable to reach a quick result but I don't know whether there will be success on Friday and Saturday," Merkel said during a news conference with Spanish Prime Minister Pedro Sanchez. "Time is pressing." (Reporting by Joseph Nasr Editing by Chris Reese)

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