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 …
Read More »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 …
Read More »EU leaders in ‘internal tranche’ for recovery deal after days of disputes
BRUSSELS (Reuters) – European Union leaders appeared to be close to agreeing on a massive stimulus plan for their coronavirus-ruined economies on Monday night after the president of his four-day summit presented a new proposal to close the gaps between them. EU Council President Charles Michel said he was confident …
Read More »Gunshots are heard when bus passengers are taken hostage in western Ukraine
Ukrainian law enforcement officers lie on the ground behind a car near a passenger bus, which was seized by an unidentified person in the city of Lutsk, Ukraine, on July 21, 2020. REUTERS / Tetiana Hrishyna KYIV (Reuters) – A man who said he was armed with weapons and explosives …
Read More »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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