European Union Leaders Agree on Spending Plan for Recovery

BRUSSELS—European Union leaders agreed on a €1.eight trillion ($2.06 trillion) shelling out deal aimed at that contains an unprecedented economic downturn by resorting to new steps that could in the long run deepen the bloc’s economic integration.

The deal, designed all over the bloc’s initially-at any time issuance of hundreds of billions of euros of prevalent debt, came collectively early Tuesday just after four times of talks amongst the bloc’s 27 leaders. German Chancellor Angela Merkel and French President Emmanuel Macron have been forced to compromise on what…