The EU is deadlocked over its proposed $860 billion coronavirus rescue package, as a group of ‘frugal’ na.. – Markets Insider
- The European Union’s top leaders remain deadlocked over the size and scope of a proposed rescue deal for the bloc as it responds to the COVID-19 downturn.
- An originally proposed 750 billion euro ($860 billion) plan has failed to kick off as leaders continue to debate components of the fund.
- The fund was reportedly meant to include 500 billion euros in grants and 250 euros billion in loans.
- However, the amount of money given in grants has been a major stum…