European Union Leaders Agree on Spending Plan for Recovery

BRUSSELS—European Union leaders agreed on a €1.eight trillion ($2.06 trillion) spending deal aimed at that contains an unprecedented economic downturn by resorting to new measures that could in the end deepen the bloc’s economic integration.

The deal, constructed about the bloc’s initial-ever issuance of hundreds of billions of euros of frequent personal debt, arrived alongside one another early Tuesday just after four days of talks among the bloc’s 27 leaders. German Chancellor Angela Merkel and French President Emmanuel Macron were being compelled to compromise on what…