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EU Leaders Aim to Strike Coronavirus Rescue Deal by End of July

BRUSSELS—European Union leaders are aiming to agree on a coronavirus-disaster recovery program worthy of hundreds of billions of euros by the close of July, they explained Friday just after a videoconference, but solid variances keep on being more than how to craft the package.

The bloc’s leaders had their 1st major discussion of the economic recovery program and the multiyear finances proposed by the European Commission past month. The program would see the Commission, the EU’s executive system, get the unprecedented step of borrowing hundreds of billions…