July 17, 2020 / 8:36 PM / 21 days ago

Austria's Kurz says rejects current EU recovery plan, expects new proposals

FILE PHOTO: Greek Prime Minister Kyriakos Mitsotakis takes part in a joint news conference with Austrian Chancellor Sebastian Kurz in Vienna, Austria March 10, 2020. REUTERS/Lisi Niesner/File Photo

VIENNA (Reuters) - Austrian Chancellor Sebastian Kurz said on Friday he rejected the current proposal for a mass economic stimulus to help lift EU economies from recession brought by the coronavirus pandemic.

“Our most important central demand is that there should be no long-term debt union... but that what is decided here remains a one-time action,” Kurz told broadcaster ORF.

Kurz said he just had talks with German Chancellor Angela Merkel and French President Emmanuel Macron on the sidelines of a summit of all 27 national EU leaders in Brussels.

“There will be new proposals over night,” he said. “There is a dynamic in our direction,” he said.

Reporting by Kirsti Knolle, Writing by Gabriela Baczynska

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