Tag Archives: Central and Eastern Europe

Factbox: How ‘green’ is the EU recovery agreement?

BRUSSELS (Reuters) – European Union leaders reached an agreement on Tuesday for a massive stimulus package that the European Commission says will make the fight against climate change central to Europe’s economic recovery from the pandemic of coronavirus. European Council President Charles Michel and European Commission President Ursula Von Der …

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EU delays stringent rule of law conditions for recovery fund

BRUSSELS / AMSTERDAM (Reuters) – Hungary, Poland and the Netherlands were victorious on Tuesday after a European Union summit left open the way to link a new coronavirus recovery fund to democratic values, raising questions on whether compliance would be possible or significant. Dutch Prime Minister Mark Rutte (left), European …

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EU recovery fund sends shares, euros to four-month highs

LONDON (Reuters) – Global equities and the euro reached their strongest levels since March on Tuesday after European Union leaders sealed a post-pandemic stimulus plan of € 750 billion ($ 857 billion) after of a five-day marathon. FILE PHOTO: People pass the offices of the London Stock Exchange Group in …

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