Comments by the Élysée office
France and Germany remain somewhat hopeful, while the "frugals" are still somewhat less willing to strike a compromise. Meanwhile, Italy and Spain are somewhere in between. That sums up the predicament ahead of the summit on 17-18 July.
I reckon we may see some compromise eventually, perhaps even by the end of the month. Kicking the can down the road sounds appealing for EU lawmakers, but maybe there's too much at stake before the summer break.
That said, don't expect negotiations to be smooth sailing. Any build up to a compromise will surely be accompanied by a rocky period of arguments and divide in opinions.
