7/20/2020, 9:04 AM (Source: TeleTrader)
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Le Maire: Deal on recovery fund 'possible'

French Finance Minister Bruno Le Maire asserted on Monday that a potential agreement on the European Union's coronavirus economic recovery plan is "possible and necessary."

"An agreement is possible and necessary. States must go beyond their national interests. The future of Europe depends on the hours to come," the minister claimed in an interview with Radio Monte Carlo.

Previously, the bloc's leaders failed to seal the deal on funds distribution to back the EU's rebound from the coronavirus crisis. The plenary session of the bloc's summit in Brussels is set to continue later on Monday.

Breaking the News / GA