EU 'misunderstandings' push back deal on coronavirus economic recovery

BRUSSELS (Reuters) - It may take European Union countries until the summer or even longer to agree on how exactly to finance aid to help economies recover from the coronavirus pandemic as major disagreements persist, a bloc official said on Wednesday. A summit on Thursday is expected to produce only a broad agreement to use the EU's 2021-27 joint budget to help kick-start growth. The bloc's 27 national leaders should also rubber-stamp 500 billion euros of rescue measures effective from June.The..