June 19, 2020 / 1:19 PM / 17 days ago

EU's Michel sees budget talks moving to next phase in mid-July summit

European Council President Charles Michel attends a virtual meeting with European leaders to discuss the bloc's budget and recovery fund, in Brussels, Belgium June 19, 2020. Olivier Hoslet/Pool via REUTERS

BRUSSELS (Reuters) - EU leaders will meet for an in-person summit in mid-July after a first exchange of opinions about the bloc’s planned multi-billion euro recovery package on Friday, European Council President Charles Michel said.

Michel, who chairs such EU summits, said there was “an emerging consensus” over the proposed budget and recovery fund, but that it was not time to shift to the next phase - to negotiate.

“I’m totally committed to start immediately real negotiations with the member states and we intend to have a physical summit in around the middle of July in Brussels,” Michel told a news conference, adding he would make some concrete proposals before then.

Reporting by Jan Strupczewski, Kate Abnett and Philip Blenkinsop, editing by Marine Strauss

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