National budgets

FILE - In this April 16, 2020, file photo, a customer puts gold bars on basket for sell to a gold shop in Bangkok, Thailand. The price of gold surged more than $30 on Monday, July 27, 2020 to over $1,926 per ounce as investors step up buying of the precious metal often sought in times of uncertainty. Gold was trading at $1,926.20 by early afternoon in Asia, up 1.5%, after surging over the weekend. (AP Photo/Sakchai Lalit, File)
July 27, 2020 - 5:16 pm
Wall Street is in the throes of a gold rush, as investors drive the price of the precious metal to new heights. Gold has been the best investment of the year so far. The price of the precious metal has climbed nearly 27% this year, more than triple the return of the largest U.S. bond funds and...
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FILE- In this Friday, May 15, 2020, file photo, Hungarian Prime Minister Viktor Orban listens to a question during a press conference after a meeting with Serbian President Aleksandar Vucic in Belgrade, Serbia. Hungary's prime minister says that his country won a “very important battle” at the European Union summit this week, where national leaders of the 27-member bloc decided an seven-year budget and economic recovery package to counter the effects of the coronavirus pandemic. (AP Photo/Darko Vojinovic, File)
July 24, 2020 - 7:12 am
BUDAPEST, Hungary (AP) — Hungary’s prime minister on Friday touted what he called his victory at the European Union summit, where the bloc's leaders decided on a massive seven-year budget and coronavirus recovery plan, but acknowledged he did not achieve his goal of de-linking EU funds from rule of...
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European Commission President Ursula von der Leyen addresses European lawmakers at the European Parliament in Brussels, Thursday, July 23, 2020. European leaders took a historic step towards sharing financial burdens among the EU's 27 countries by agreeing to borrow and spend together to pull the economy out of the deep recession caused by the coronavirus outbreak. (Francois Walschaerts, Pool Photo via AP)
July 23, 2020 - 12:51 pm
BRUSSELS (AP) — The European Union's top official said Thursday that planned cuts in the next long-term multi-billion budget of the 27-nation bloc are a “difficult pill to swallow." In a speech delivered to European lawmakers, European Commission President Ursula von der Leyen admitted that the...
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European Parliament President David Sassoli talks during a news conference following the recovery financial plan deal at the EU leaders summit, at the European Parliament in Brussels, Wednesday, July 22, 2020. After four days and nights of wrangling, exhausted European Union leaders finally clinched a deal on an unprecedented 1.8 trillion-euro (dollars 2.1 trillion) budget and coronavirus recovery fund early Tuesday, after one of their longest summits ever. (Francois Lenoir, Pool Photo via AP)
July 22, 2020 - 8:24 am
BRUSSELS (AP) — The European Parliament's president criticized Wednesday the cuts to key programs that the EU's 27 leaders approved in the bloc's long-term budget at a marathon summit this week. The seven-year budget worth 1.07 trillion ($1.2 trillion) was negotiated in tandem with a 750 billion-...
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German Chancellor Angela Merkel, left, and French President Emmanuel Macron walk onto the podium prior to a media conference at the end of an EU summit in Brussels, Tuesday, July 21, 2020. Weary European Union leaders finally clinched an unprecedented budget and coronavirus recovery fund early Tuesday, finding unity after four days and as many nights of fighting and wrangling over money and power in one of their longest summits ever. (John Thys, Pool Photo via AP)
July 21, 2020 - 11:00 am
FRANKFURT, Germany (AP) — European leaders took a historic step towards sharing financial burdens among the EU's 27 countries by agreeing to borrow and spend together to pull the economy out of the deep recession caused by the virus outbreak. Pushed by Germany's Angela Merkel and France's Emmanuel...
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German Chancellor Angela Merkel, right, and French President Emmanuel Macron prepare to address a media conference at the end of an EU summit in Brussels, Tuesday, July 21, 2020. Weary European Union leaders finally clinched an unprecedented budget and coronavirus recovery fund early Tuesday, finding unity after four days and as many nights of fighting and wrangling over money and power in one of their longest summits ever. (John Thys, Pool Photo via AP)
July 21, 2020 - 6:22 am
BRUSSELS (AP) — After four days and nights of wrangling, exhausted European Union leaders finally clinched a deal on an unprecedented 1.8 trillion-euro ($2.1 trillion) budget and coronavirus recovery fund early Tuesday, after one of their longest summits ever. The 27 leaders grudgingly committed to...
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German Chancellor Angela Merkel, right, speaks with French President Emmanuel Macron, center, during a round table meeting at an EU summit in Brussels, Monday, July 20, 2020. Weary European Union leaders are expressing cautious optimism that a deal is in sight on their fourth day of wrangling over an unprecedented budget and coronavirus recovery fund. (John Thys, Pool Photo via AP)
July 20, 2020 - 11:37 pm
BRUSSELS (AP) — Weary European Union leaders finally clinched an unprecedented 1.82 trillion euro ($2.1 trillion) budget and coronavirus recovery fund early Tuesday, somehow finding unity after four days and as many nights of fighting and wrangling over money and power in one of their longest...
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from left, Dutch Prime Minister Mark Rutte, Austria's Chancellor Sebastian Kurz, Finland's Prime Minister Sanna Marin, Sweden's Prime Minister Stefan Lofven and Denmark's Prime Minister Mette Frederiksen meet on the sidelines of an EU summit at the European Council building in Brussels, Sunday, July 19, 2020. Leaders from 27 European Union nations meet face-to-face for a third day of an EU summit to assess an overall budget and recovery package spread over seven years estimated at some 1.75 trillion to 1.85 trillion euros. (AP Photo/Francois Walschaerts, Pool Photo via AP)
July 20, 2020 - 1:43 am
BRUSSELS (AP) — Weary and bleary European Union leaders temporarily broke up their summit at dawn on the fourth day of acrimonious haggling over an unprecedented 1.85 trillion-euro ($2.1 trillion) EU budget and coronavirus recovery fund to tackle the crisis. They committed to pick up the fight...
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European Council President Charles Michel, center left, speaks with German Chancellor Angela Merkel, third right, French President Emmanuel Macron, second right, and European Commission President Ursula von der Leyen, right, during a meeting on the sidelines of an EU summit at the European Council building in Brussels, Saturday, July 18, 2020. Leaders from 27 European Union nations met face-to-face for a second day of an EU summit to assess an overall budget and recovery package spread over seven years estimated at some 1.75 trillion to 1.85 trillion euros. (AP Photo/Francisco Seco, Pool)
July 18, 2020 - 10:17 pm
BRUSSELS (AP) — European Union leaders on Saturday extended their summit by an extra day in the hope they were finally closing in on a deal for an unprecedented 1.85 trillion euro ($2.1 trillion) EU budget and coronavirus recovery fund. A deal was still far off, but several key nations said...
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German Chancellor Angela Merkel, left, and French President Emmanuel Macron arrive for a round table meeting at an EU summit in Brussels, Friday, July 17, 2020. Leaders from 27 European Union nations meet face-to-face on Friday for the first time since February, despite the dangers of the coronavirus pandemic, to assess an overall budget and recovery package spread over seven years estimated at some 1.75 trillion to 1.85 trillion euros. (Stephanie Lecocq, Pool Photo via AP)
July 17, 2020 - 6:00 pm
BRUSSELS (AP) — European Union leaders headed into Saturday, the scheduled final day of their summit, about as far apart from reaching a deal on an unprecedented 1.85 trillion euro ($2.1 trillion) EU budget and coronavirus recovery fund as the seating distance imposed upon them for health reasons...
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