fxs_header_sponsor_anchor

News

EU's von der Leyen: EU to provide maximum flexibility on state aid

"It's not possible to stop the virus but it's essential to slow down the spread," European Commission President Ursula von der Leyen announced on Friday while presenting the COVID-19 economic response package. "The EU can withstand the shock of coronavirus," von der Leyen added.

Additional takeaways

"The EU needs to be determined, coordinated and united."

"The EU's single market has to function."

"General travel bans are not seen as most effective by the WHO."

"The EU will propose to have EU guidelines for health screening at borders."

"France, Germany willing to reduce restrictions on medical equipment export."

"The shock is temporary but must be as short and as limited as possible."

"Member states should be encouraged to take all necessary measures to support most affected sectors."

"The EU will provide maximum flexibility on state aid."

"The EU will provide flexibility within the Stability and Growth Pact."

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.