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EUROPEAN SOCIAL PARTNERS URGE MEMBER STATES TO ENDORSE THE AGREEMENT FOUND ON THE RECOVERY FUND AND THE LONG-TERM BUDGET

Date

18 Nov 2020

Sections

Euro & Finance
Ahead of the video conference of the members of the European Council on 19 November 2020, the European social partners urge member states to endorse the agreement found on the European recovery fund and Multiannual Financial Framework for 2021-2027.
The agreement found as a result of the trilogue on the recovery fund and the so-called MFF (the EU's long-term budget) is essential to help the EU economy recover from the damage the COVID crisis continues to inflict.
European enterprises and workers urgently need the EU financial support foreseen in this agreement. This is not the time for political games. It is the time to deliver the compromises found for the common good of all member states.
Ensuring that the basic rule of law requirements are respected is necessary for the smooth functioning of market economies and the protection of enterprises and workers.