EU's Michel proposes 5 billion euros Brexit emergency fund

European Council President Charles Michel said on Friday that EU talks with Britain on their new relationship were “not easy” and countries, regions and industries will face disruptions from 2021 whether there is a new pact or not. Laying out his compromise proposal for a multi-billion-euro economic stimulus for the EU to recover from the coronavirus pandemic, Michel said a new Brexit “adjustment reserve” of 5 billion euros ($5.64...