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 »Belarusian presidential candidate sends her children abroad after threats
MINSK (Reuters) – The main opposition presidential candidate in Belarus sent her children abroad to an undisclosed location in the EU after receiving threats that they would be taken from them unless she quits her career, an opposition journalist said . FILE PHOTO: Candidate in the upcoming presidential election Svetlana …
Read More »The EU is at a standstill over its proposed $ 860 billion coronavirus rescue package, as a group of ‘frugal’ nations stalls the talks.
Reuters The top leaders of the European Union remain stagnant regarding the size and scope of a proposed bailout agreement for the bloc as it responds to the COVID-19 recession. An originally proposed € 750 billion ($ 860 billion) plan has failed to start as leaders continue to debate the …
Read More »EU leaders struggle with ‘mission impossible’ at stalled recovery summit
BRUSSELS (Reuters) – EU leaders found themselves at a standstill on Monday after three days of haggling over a plan to revive economies strangled by the COVID-19 pandemic, but the president of his summit nearly set a record he urged them to give one last push on “mission impossible”. Charles …
Read More »The euro and eurozone bond markets are hopeful for a recovery fund; higher stocks
LONDON (Reuters) – Eurozone and eurozone bond markets had hopes that European Union leaders would reach an agreement on a recovery fund for the economy devastated by the bloc’s pandemic on Monday, while the The region’s stock markets cautiously climbed the talks higher. FILE PHOTO: The London Stock Exchange Group …
Read More »