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Franco-German recovery deal meets resistance

EU’s frugal faction fights back but some signs point to compromise

Not everyone is climbing aboard the Franco-German love train.

A day after Paris and Berlin bridged their differences to propose a €500 billion coronavirus recovery fund, the EU’s so-called “frugal four” members signaled their resistance to the…

The foursome of Austria, Denmark, the Netherlands and Sweden — who advocate lower EU spending and tight fiscal discipline — will present their own counter-proposal, Austrian…

Some Central and…

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