German Chancellor Angela Merkel (L) and European Parliament President David Sassoli attend a press conference at the European Parliament in Brussels, Belgium, July 8, 2020. Reaching swiftly an agreement on an ambitious European recovery package is the European Union's highest priority for the coming weeks, the bloc's leaders agreed at a meeting Wednesday with German Chancellor Angela Merkel. Germany took over the rotating Presidency of the Council of the EU on July 1. (Photos: Xinhua)

German Chancellor Angela Merkel, European Commission President Ursula von der Leyen, European Council President Charles Michel and European Parliament President David Sassoli (from R to L) attend a meeting in Brussels, Belgium, July 8, 2020. Reaching swiftly an agreement on an ambitious European recovery package is the European Union's highest priority for the coming weeks, the bloc's leaders agreed at a meeting Wednesday with German Chancellor Angela Merkel. Germany took over the rotating Presidency of the Council of the EU on July 1.

German Chancellor Angela Merkel (L) and European Parliament President David Sassoli attend a press conference at the European Parliament in Brussels, Belgium, July 8, 2020. Reaching swiftly an agreement on an ambitious European recovery package is the European Union's highest priority for the coming weeks, the bloc's leaders agreed at a meeting Wednesday with German Chancellor Angela Merkel. Germany took over the rotating Presidency of the Council of the EU on July 1.

German Chancellor Angela Merkel delivers a speech during a plenary session of the European Parliament in Brussels, Belgium, July 8, 2020. Reaching swiftly an agreement on an ambitious European recovery package is the European Union's highest priority for the coming weeks, the bloc's leaders agreed at a meeting Wednesday with German Chancellor Angela Merkel. Germany took over the rotating Presidency of the Council of the EU on July 1.

German Chancellor Angela Merkel attends a press conference at the European Parliament in Brussels, Belgium, July 8, 2020. Reaching swiftly an agreement on an ambitious European recovery package is the European Union's highest priority for the coming weeks, the bloc's leaders agreed at a meeting Wednesday with German Chancellor Angela Merkel. Germany took over the rotating Presidency of the Council of the EU on July 1.

European Council President Charles Michel, German Chancellor Angela Merkel, European Commission President Ursula von der Leyen and European Parliament President David Sassoli (from L to R) pose for a group photo before a meeting in Brussels, Belgium, July 8, 2020. Reaching swiftly an agreement on an ambitious European recovery package is the European Union's highest priority for the coming weeks, the bloc's leaders agreed at a meeting Wednesday with German Chancellor Angela Merkel. Germany took over the rotating Presidency of the Council of the EU on July 1.

German Chancellor Angela Merkel prepares to attend a plenary session of the European Parliament in Brussels, Belgium, July 8, 2020. Reaching swiftly an agreement on an ambitious European recovery package is the European Union's highest priority for the coming weeks, the bloc's leaders agreed at a meeting Wednesday with German Chancellor Angela Merkel. Germany took over the rotating Presidency of the Council of the EU on July 1.

German Chancellor Angela Merkel attends a press conference at the European Parliament in Brussels, Belgium, July 8, 2020. Reaching swiftly an agreement on an ambitious European recovery package is the European Union's highest priority for the coming weeks, the bloc's leaders agreed at a meeting Wednesday with German Chancellor Angela Merkel. Germany took over the rotating Presidency of the Council of the EU on July 1.

German Chancellor Angela Merkel delivers a speech during a plenary session of the European Parliament in Brussels, Belgium, July 8, 2020. Reaching swiftly an agreement on an ambitious European recovery package is the European Union's highest priority for the coming weeks, the bloc's leaders agreed at a meeting Wednesday with German Chancellor Angela Merkel. Germany took over the rotating Presidency of the Council of the EU on July 1.