‘Tempers were often frayed during the negotiations. The "frugal four", Sweden, Denmark, Austria and the Netherlands, along with Finland had opposed extending €500bn in grants. The group originally set €375bn as the limit. Other members, such as Spain and Italy, did not want to go below €400bn. At one point French President Emmanuel Macron reportedly banged his fists on the table, as he told the "frugal four" they were putting the European project in danger...
‘Another issue was over linking aid to the "rule of law". Hungary and Poland both threatened to veto the package if it adopted a policy of withholding funds from nations deemed to fall short of democratic principles.’
Read here (BBC, July 21, 2020)
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