About: http://data.cimple.eu/news-article/8b92ae732f49d6dec024638a05bbd76177b1456959338e631ea9fd5a

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An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Finland and Sweden expressed reservations Friday to a revised budget proposal by European Council President Charles Michel, and the massive COVID-19 recovery fund plan being debated at a special meeting next week. Michel presented an update to a proposal for a 750-billion-euro pandemic recovery fund on Friday in the hope of winning over more frugal member states. To appease holdouts, the council president revised the EU's seven-year budget downwards to 1.074 trillion euros ($1.2 trillion), 13 billion euros less than an earlier proposal. Michel also said countries with long-held rebates to their contribution would keep them. However, Michel did not cede ground on the main point of contention: whether aid from the recovery fund should take the form of grants or loans. "Some right steps... but much work needs to be done on the recovery package," Finnish Prime Minister Sanna Marin wrote on Twitter. "We need a lower overall level and better balance of grants and loans," the 34-year-old government head added. The Netherlands, Austria, Sweden and Denmark are the so-called "frugal four" countries that object to the plan and some analysts have dubbed Finland the "fifth frugal." Sweden's EU minister, Hans Dahlgren, said that while the level of the long-term budget was moving in the right direction, Stockholm would have liked to see it go down further, according to news agency TT. Dahlgren also said the aid currently planned in the form of grants should be converted to loans. "It would make more sense to loan the money to those who will make the investments," Dahlgren said. The recovery plan, as well as the EU budget, require unanimous approval among member states at the July 17-18 summit. map/hdy/jll/spm
schema:headline	Finland, Sweden object to EU council's recovery plan
schema:mentions	European Council Stockholm Prime Minister of Italy Budget of the European Union Austria Finland Denmark Netherlands Sweden European Union Pandemic Twitter President of the United States Coronavirus disease 2019 Hans Dahlgren TT News Agency Sanna Marin JLL (company) Charles Michel
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-07-10 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	67 (xsd:integer)
http://data.cimple...tology#hasEmotion	anger

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