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 »Factbox: what EU leaders agreed on the post-COVID recovery package
BRUSSELS (Reuters) – European Union leaders agreed on Tuesday on a package of measures to boost their economies after the coronavirus pandemic, and agreed to borrow and spend hundreds of billions of euros in the coming years and pay them with the new taxes. European Council President Charles Michel, Dutch …
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 …
Read More »GLOBAL MARKETS: Asian stocks expand gains as investors get stimuli and vaccines
* Asian stocks up more than 1%, Nikkei up 0.6% * EU recovery fund agreement seen within reach * Investors expect US stimulus of more than $ 1 trillion * Asian Stock Markets: tmsnrt.rs/2zpUAr4 By Hideyuki Sano and Elizabeth Dilts Marshall TOKYO / NEW YORK, July 21 (Reuters) – Asian …
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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