The European Commission welcomes the Franco-German proposal

News
Monday, May 18, 2020 - 17:05
Point Trader Group

Commenting on the plan proposed by Germany and France on supporting the economy of European countries and sectors affected by the spread of the Corona virus, the European Commission welcomed the proposals submitted, noting that the proposal that the European Commission is working on cares about the same points presented by France and Germany, but the final decision will be after taking The proposals submitted by all European Union countries and the approval of the European Parliament on the proposed plan.

German Chancellor Angela Merkel and the President of France, Emmanuel Macron, announced a joint statement to propose rebuilding the recovery plan submitted by the European Union to support the European economy against the current health crisis, with the provision of 500 billion euros in order to ensure funding for the sectors most affected by the spread of the Corona virus. Business was halted in European regions.


Related Topics

REQUEST A CALL BACK

Get financial advice from Point trader group experts.

YOU CAN TRUST POINT TRADER GROUP

For free expert financial advice.