Transcripts For ALJAZ NEWS LIVE - 30 20240712 : vimarsana.co

ALJAZ NEWS LIVE - 30 July 12, 2024

Works on a qualified majority is very early in the morning when you had more time to read the details you see how ambitious this compromise is. Around the table people spoke frankly looked at each other in there and tackle this issue to progress or our common values move them forward move government forward i reaffirm this was ambitious. This was an ambitious decision. And then on the amount. One can also say this is the 1st time this european project weve negotiated. Such a big financial package people are giving the impression that there arent many resources where theres 1. 74 trillion in. Office and then 750000000000 in the recovery. Which trigger very fired up to some feeling that there is very substantial we talk about ambitions but you have to look at will be if it contains. To deal with you medium and long term strategic challenges this massive injection of boozed persona 50000000000 users. Economic recovery but also health transformed the european project 19 hitters but even before the commission a parliament and the council had thought that it was time tree relaunch and transforming. The will of Climate Change and the heart of it there are 32 percent of the benefit of the recovery for have to be tied to these climate and measures and weve followed up on what we intended d to do before this all started and i see with great religion that these decisions weve taken will transform the world in a long term way the face of europe or the questions of the text that has been agreed on the rule of law has improved its a very clear in the document a very clear commitment to the rule of law and a very clear commitment to the protection of the financial interests of the union. And this is linked against this background to the fact that the commission has proposed that instrument under which in case of creatures the measures will be adopted so theres a very clear link a reference to adopting or the voting will be by a qualified majority voting and finally we will also introduce instruments to strengthen the controls of the e. U. Funds so theres more clarity there is more distinction in the. Checks and the very clear reference which was important not only to the rule of law but also to the protection of the financial interests of the union and what the overall package is concerned and your question on the priorities for the European Union it has it is an unprecedented size and scope of package that we have 1. 8 trillion and the importance here is that the whole next gen Church Action aeration e. U. Package of 750000000000 is composed in a way that the National Recovery plans will be aligned with the european priorities that is the European Green deal that is the digitization that there is resilience transmitted through the country specific recommendations so we have a very strong tool know that we can Work Together with the Member States on not only the recovery but at the same time through the investment leap forward into a more sustainable a greener and more digitized future we want to build was a modern Single Market so this is a unique opportunity to modernize the European Union. Thank you next question is for david hess in harlem from politico. Much brant good morning president president michel i wonder if you could address the concern the president founder line just raised calling it regrettable leaders had to cut some of the most innovative parts of the m. F. F. Also that. You had to persist in the rebates which some people feel are sort of a budget gimmick in getting agreement here and if there was a moment in this for you president michel when throughout the summit what was the key moment when you had a deal and for president funny line a lot of this package obviously will be a National Plan for the grant was you know issue of disagreement your mind how do you envision Member States best using these grants in concrete ways obviously its not like rebuilding from an earthquake or from a war its a different type of recovery in a concrete way what do you envision the best National Recovery plans might look like. I think. The research very least to in particular we look on the table of europe and jones ill to to act to act in the other to deliver because. We are convinced that Climate Change innovation that the supports hold the tournament for example cheat to develop of those 2 and program in this decision the n. F. L. If and the reach of the phone and we have to do to say we have the means you know that to tackle those important challenges for for the future its also important to to observe the this back to you if you compare if you compare to decipher of the europe of the open g. D. P. Also important to put it there to do we can at least. We all saw the developer at the National Level it means the earth European Union you use we send a very strong signal we are so that we are robust we are united and more than never we need to be united and you need to be stored in the other 2 who said this of you crosses. So to your question reforming. Concerning the part i envisage to make sure that the investment goes in the right direction the program is a recovery interest illions facility is established in a way that is very clear 1st of all its voluntary so the Member States can choose to come forward with a National Recovery plan. But it has to be aligned with the european semester and theyre the country specific recommendations and the country specific recommendations address the victim weaknesses are deficiencies in their Member States that should be improved where things should be reformed and they were always very interesting but did of not always have the necessary. Effect in the Member States because it was up to them to implement them or not now this instruments has a new package because the european semester is now connected to an enormous amount of grants or potentially loans so theres way more punch behind country specific recommendations and the necessary to respect the principles of the European Green deal and of the digitization as i set the priorities of the European Union we can make sure that. This will be implemented in a proper way because there will be milestones where you have a look whether that miles of have been reached and then the necessary investment that the payments will be dispersed so there is a very clear plan to have the balls the tool goals on the one hand the recovery of the member state but on the other hand to make sure that its at the same time a modernization of the Member States. I think your next question is for some fleming from the financial times. Yes good morning by can i have on the question on these on rebates. D. Clearly the rebates im only maimed or previous crass but theyre actually increased with the frugal stakes in these discussions of fact to be trading their support for higher grants in exchange for higher rebates we disappointed that was the outcome that you saw given missions previous recommending rebates used out and do you think rebates now these high rebates are basically here to stay thank you. We took a decision to do fall the next time in faith and for the week of restraint in the framework of this decision we took also some decisions related to the to the rebates which we face. Crises i repeat again and i said whats important is the fact that we find we find the way you know that to to take a very strong decision and indeed the rebate its not a surprise when. Expressed the idea a few weeks ago that we will need we need to tackle different Building Blocks praise your idea that would be part of the Global Package of the global decision you know at the level of the different tone scale is very difficult we need to decide you know any miti and thats why its important to show respect for each other thats why its important also to be able to the same time to take strong interest decisions and thats what we did today and remember only a few of us a group maybe and certainly the last this there was this little impression that it would be Impossible Mission but we did it and its very important we were able to to take the decision we are united and we send the message europe is. Next question is for really by a nice lady. Similar for both president s but today its not really the end of the saga of the fords you still need to convince the European Parliament and National Parliaments to sign off on this deal so i was wondering if you could maybe talk a little bit about how you want to convey and its likely. To sign off especially because were already seeing some members of the European Parliament raising concerns about certain bill in the end of your package i think you. We show we show respect for the important tool of the European Parliament. And as you know we may need to insert many contacts with the European Parliament unless we stood the last months and of course we would have. To do to maintain the destruction so it was the members of the European Parliament and its chief for the european democracy process of course and just in time you are right we need also to show respect for the responsibility of the National Parliaments meant to do theres a strong signal theres a sort of message why because 27. 00 heads of states and if its of developments they took the decision to axe together and did our sponsible before the National Parliament i know that probably because its the democratic process it will be difficult the minute you really need to to explain the what are the arguments what are the reasons for our decision that transparency is also very essential for this truth each process. Really genes that we split it you louis louis particular courage to. Turn student dale archer it will be possible to implement what we have decided today. Well indeed from tomorrow. Well youve been listening there to leaders speaking in brussels after 4 days and 4 nights of tense talks about their budget whats this time in a deal for nearly 816000000000. 00 pandemic rescue package that is also the fast in person meeting since the start of the pandemic and theres been a Huge Division over how much of that money would be grants vest as learned as well as whether you funding should be linked to the rule of law weve been here. From michelle the president of the European Council and slavonic elaine the president of the European Commission theyve been reiterating the unity and solidarity of the e. U. Both describing it as the next generation European Union especially the emphasis on Green Investments as they focus on the attempted economic recovery well lets now speak to our correspondents to fast and she joins me now on the phone from amsterdam stepped off to move the 90 hours of negotiation as a bunch of language saying that we finally have a deal a Historic Deal can you talk us through whats been agreed here. Yes you heard the word Mission Impossible as several times of course during this press conference and it is indeed a big victory for the European Council President Shall because the future of the e. U. As a unity was basically hanging in his hand and it is of course a very important sign that all the 27 countries have signed this deal because if it would have not if it would have failed it would have been dramatic of course for the European Union and at the end its a compromise that was a long battle for 4 days and 4 nights about how this money would be divided it was a large grant package initially before the talks started but now most of 0 this package is going to be loans and half of it is still going to be grants but with strict conditions and this is a win for the socalled frugal 4 countries the smaller Northern European countries like the natl and sweden denmark and austria pushed a lot for these strict conditions tied to the loans because the to the grand because they were afraid that like what happened in the past konami crisis like in 2008 lots of money would be disbursed and they would have no control over it and the countries here the netherlands typically is very much a prey to that the dutch taxpayers are paying too much and that money is going to be misspent so they have this kind of emergency break that the agreed on that if a country is not spending the money in the right way that the other countries can intervene and can stop the disbursement of the money so this is an important win for the smaller countries and it was dramatically because they were in a conflict with the from germany to big countries in the world dramatic moments when manuel mccrone was already starting his plane in the last couple of days pretending that he was going to leave but he wasnt at that. The moment so there was a lot of drama in this summit but as i said it was so important for the 27 countries of the e. U. To make this deal there was also a compromise on the rule of law agreements as you heard in the press conference hungry and poland was very much against a tightening of this money to the countrys rule of law and also to smaller countries that were protesting against it they wanted 8 me to prove that they have this rule of law before they get any money and then they were referring to poland and hungary so they made a compromise on that but as 4 we shall in the press conference that he was still very pleased with the outcome and all the details will make that clear so its a historic moment here and a historic outcome of this summit a step as you say its definitely compromise and sandwich a country is still a very unhappy about this idea of shared debt but i believe were now looking at a 1st for the e. U. Setting collective bonds and then giving the proceeds in cranston is that a precedent for how things could work going forward. Definitely it is the 1st and its a is of course a huge package of money were talking in total about 1. 00 trillion euros and a lot of it will be polished on the on the Financial Capital markets here in europe which is also the 1st method to do it this way and there is this shared responsibility yet it is the 1st and thats why of course the european leaders were talking about victory it is it is difficult but its also a very difficult time after one d countries are also facing this economy recession due to cope with 19 crisis so theyre worse theres this feeling that they have to act and if not there would be a huge crisis coming up in the next couple of years and of course we still have to see if this is going to be enough to to make care to to prevent this from happening because the spain italy greece they all are struggling deeply so this is going to be a huge task also for the European Union to see if they can actually do this all together step you talked about some of the drama that weve seen over the last few days i mean this is the longest summit since by my count nice back in 2000 we saw some frayed tenders gloves even masks coming off and it felt like it really illustrated the divisions that weve seen image during this pandemic and also during practice so where does this leave the whole european project now. Yes it was very dramatic as i said there were moments that there were stretched bangs on the table especially the dutch Prime Minister was very much criticized and name called he was called mr no no and bad guy and mr stingy because he played hardball in brussels he was one of the leaders of this movement that went against the majority of the European Union who actually wanted much more to show more solidarity as they said to the southern countries so there was this divide and it was very painful because italy for example and spain they felt left behind they felt Like Northern countries didnt want to help them in this very difficult prices and of course nobody asked for coke at 19 and you cant be blamed for being affected by it so it was it became very emotional but the fact that they actually got 8 over it is definitely a good sign and i think that will definitely strengthen the mood in the e. U. Which was already at a very low point because when they were dealing with go to 90 everyone every single country was doing their own thing they had their own policy so there was not much of a unity and hopefully now they will show that they actually do need each other well let me bring you all the details of that historic tale in the coming hours here on out of there our correspondents kept asking theyre speaking to us from our stand thank you step. Well lets move on to some other news now and theres been a breakthrough in the race to develop a covert 1000 vaccine the Lancet Medical Journal has published promising results from scientists at Oxford University whove already been conducting early human testing now Scientists Say its safe for humans and also triggered the critical immune response which could stop the virus in its tracks now while the findings are encouraging larger trials still need to be done brennan has more from. Phase one really could have gone much better for the oxford team early positive science now confirmed

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