European Union Leaders Agree on Spending Plan for Recovery

BRUSSELS—European Union leaders agreed on a €1.eight trillion ($two.06 trillion) paying package deal aimed at made up of an unprecedented financial downturn by resorting to new actions that could in the long run deepen the bloc’s financial integration.

The package deal, built all-around the bloc’s very first-ever issuance of hundreds of billions of euros of widespread debt, came together early Tuesday just after 4 times of talks amid the bloc’s 27 leaders—the bloc’s longest summit in twenty years. German Chancellor Angela Merkel and French President Emmanuel Macron…