News
Macron, Merkel float ‘ambitious’ EU virus fund
France and Germany are proposing a €500bn ($545bn; £448bn) European recovery fund to be distributed to European Union (EU) countries worst affected by COVID-19.
In talks on Monday, French President Emmanuel Macron and German Chancellor Angela Merkel agreed that the funds should be provided as grants.
The proposal represents a significant shift in Mrs Merkel’s position.
Mr Macron said it was a major step forward and was “what the eurozone needs to remain united”.
“I believe this is a very deep transformation and that’s what the European Union and the single market needed to remain coherent,” Mr Macron said following discussions via video link.
Mrs Merkel, who had previously rejected the idea of nations sharing debt, said the European Commission would raise money for the fund by borrowing on the markets, which would be repaid gradually from the EU’s overall budget.
Grants provided by the proposed recovery fund should also be used to help finance the bloc’s investment in a greener future, the two leaders said.
European Commission President Ursula von der Leyen said the proposal “acknowledges the scope and the size of the economic challenge that Europe faces”.
European Central Bank (ECB) President Christine Lagarde said the plan was “ambitious, targeted and welcome”.
Other EU countries must agree with the proposal, however, and Austrian Chancellor Sebastian Kurz later insisted that his country backed providing loans to member nations hit hard by the coronavirus pandemic, rather than grants.
“Our position remains unchanged,” Mr Kurz wrote in a tweet, adding: “We expect the updated [EU budget] to reflect the new priorities rather than raising the ceiling.”
In EU political terms this is huge.
Chancellor Merkel has conceded a lot. She openly agreed with the French that any money from this fund, allocated to a needy EU country, should be a grant, not a loan. Importantly, this means not increasing the debts of economies already weak before the pandemic.
President Macron gave ground, too. He had wanted a huge fund of a trillion or more Euros. But a trillion Euros of grants was probably too much for Mrs Merkel to swallow on behalf of fellow German taxpayers.
The resulting compromise: a win-win for the two leaders. They hope. -BBC
Minister for Local Government, Chieftaincy and Religious Affairs, Ahmed Ibrahim, has revealed that in the whole of 2024, only GHS 362 million was released to MMDAs in Common Fund.
Contrary to this, In 2025 alone GHS 5 billion was released to the MMDAs with the following breakdown as follows.
The Minister made this revelation when he took his turn at the Government Accountability Series held today.
In breakdown, the minister nonted that 1st Quarter – 790,372,058.40 was released for 2025.
He added that for the 2nd Quarter, 1,464,983,309.60 was released.
3rd Quarter saw the release of 1,188,921,640.80 and
1,592,706,391.20 for 4th Quarter.
The Minister added tha each of the MMDAs were required to undertake the following; at least 2-CHPS compounds, 3 Classroom blocks, 10 Boreholes, and Completion of legacy projects.
Additionally, 25% of the Common Fund was allocated for the Construction of 24-Hour Economy Model Markets.
Ahmed Ibrahim noted that as a result of the timely and unprecedented release of Funds, a total of 494 CHPS compounds, 761 Classroom Blocks, 4,029 Boreholes, and 2,755 Legacy projects are currently at various stages of completion.
Also, he added that 261 24-Hour Economy Model Markets have all been awarded on contracts and construction has begun on many of them.
By Edem Mensah-Tsotorme
The Inspector-General of Police (IGP), Mr. Christian Tetteh Yohuno, together with members of the Police Management Board (POMAB), on April 17, 2026, decorated nineteen (19) senior officers who have been promoted to their next ranks based on the recommendations of the Police Council and approval of the President, John Dramani Mahama.
The ceremony, held at the National Police Headquarters in Accra, forms part of efforts to recognise merit, dedication, and long-standing service within the Ghana Police Service, while strengthening leadership across key operational and administrative levels.
The officers promoted from Deputy Commissioner of Police (DCOP) to Commissioner of Police (COP) are Dr. Luke Asue-In-Yeng Zakpaa, Mr. Frederick Agyei, Mr. Duuti Tuaruka, Mr. Arthur Osei-Akoto, Mr. Darko Offei Lomotey, Mr. Eric Ken Winful, Mr. Barnabas Nambont Nasumong, and Mr. Desmond Owusu Boampong.
The IGP and members of POMAB congratulated the officers and urged them to uphold the highest standards of professionalism and integrity in the discharge of their duties.
