Sweden could still veto MFF and EU Recovery Fund

Jul 16, 2020

Swedish Prime Minister Stefan Löfven said on Wednesday (15 July) he hopes for a quick resolution of the disagreements over the EU’s Recovery Fund and next seven year budget. However, he did not exclude a Swedish veto.

“We need a recovery fund, yes. It should be directed to the actual needs and be based on favourable loans and not grants,” Löfven told reporters, speaking at a joint press conference with Spanish Prime Minister Pedro Sanchez, whose last ditch-visit intention was to sway Stockholm, which together with Austria, the Netherlands and Denmark, is opposed to grants.

Löfven did not exclude a Swedish veto, but said there was a need to be constructive. “You don’t go into a negotiation with that attitude, you go into a negotiation to try to find a solution,” he said.

Read more at https://www.euractiv.com/section/all/short_news/stockholm-sweden-could-still-veto-mff-and-eu-recovery-fund/

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