- Analytics
- News and Tools
- Market News
- France's Montchalin: EU must reach deal on coronavirus relief plan by July
France's Montchalin: EU must reach deal on coronavirus relief plan by July
Reuters reports that the European Union must reach a deal on a proposed 750 billion euro economic recovery plan to cope with the impact of the coronavirus crisis by July, French Junior European Affairs Minister Amelie de Montchalin said on Thursday.
“There is no other solution than having a deal by July. If we do not have a stimulus plan, we will have a problem,” Montchalin told BFM Business radio.
The European Commission’s recovery plan aims to help economically weaker countries hit hardest by the coronavirus.
But fiscally conservative northern countries - the “frugal four” of the Netherlands, Austria, Denmark and Sweden - have resisted some proposals, notably taking on mutual debt.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
