(Bloomberg) -- Austrian Finance Minister Gernot Bluemel softened his position on the European Union’s coronavirus aid plans, saying in an interview with Austrian public TV that a compromise could see some of the aid disbursed as grants.
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Asked if a deal was thinkable in which the majority of the aid would be disbursed as grants, Bluemel told broadcaster ORF: “What we don’t want is that it will be only grants, and that this is the start of debt mutualization.”
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“There will always be some give and take” in the negotiations, he added.
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