• German Finance Minister urges quick implementation of EU recovery funds as infections rise

Market news

6 October 2020

German Finance Minister urges quick implementation of EU recovery funds as infections rise

Reuters reports that German Finance Minister Olaf Scholz said that rising coronavirus infections across Europe were underlining the need to implement the agreed 750 billion euros of recovery funds quickly.

“The new normal in times of the coronavirus pandemic requires that we remain vigilant and adapt our daily routine to the development of the pandemic,” Scholz said.

“The sharp rise in infections also underlines the need to implement Europe’s ambitious recovery programme timely and to set the right course to Europe’s future,” added Scholz.

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