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Historic EU COVID recovery fund deal; Turkey and Greece Aegean dispute

Ian Bremmer shares his insights on this week's World In (More Than) 60 Seconds:

How will the EU coronavirus recovery fund work and are there winners and losers?

How it's going to work? Hundreds of billions of euros being distributed between, its collective redistribution from wealthy countries to poor countries. And that money has been now unanimous agreement between all 27 members of the European Union. Not 28, the Brits are no longer a part of the table. And it's historic. It's by far the biggest political success that we've seen anywhere around the world in providing real multilateral leadership to help make it easier for those countries that are suffering the most. In the case of Europe, that means the poorer countries that don't have the ability to bail out their devastated economies. Again, you are seeing double digit contractions across Europe economically this year. Now you're seeing hundreds of billions of euros, half of that will be grants, don't need to pay back, half will be loans. That was a big part of the of the debate, of the controversy.

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Kosovo president indicted for war crimes​; Americans barred from EU?

Carl Bildt, former Prime Minister and Foreign Minister of Sweden, provides his perspective from Europe:

What will happen to the president of Kosovo?

Well, if the indictments that have now been published are confirmed, then he actually faces arrest. And we'll have to go to The Hague and then face a lengthy, complicated trial where our protection of witnesses is going to be quite a problem. It's going to take years. And no question, this will bring significant turmoil to the politics of Kosovo.

Will Americans be prevented from entering the European Union?

That's now being discussed by the by the ministers over videoconference with Brussels. But on the criteria that are there at the moment, it looks not unlikely that will be the case. But the debate is still ongoing.

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