Responses are coming in from the Italian Prime Minister (PM) Giuseppe Conte and his Dutch counterpart Mark Rutte on the European Union (EU) Summit breakthrough.
Italy’s PM Conte said 28% of the EUR750 bln agreed at the EU summit will be destined for Italy, of which EUR81bln in grants and EUR127bln in loans.
Meanwhile, Dutch PM Rutte noted: “I see no disappointments in the EU deal.”
Earlier today, French President Emmanuel Macron said that he has no regrets about the deal.
Market reaction
EUR/USD holds the lower ground around 1.1430, down nearly 40-pips following the EU deal announcement, with “Sell the fact” in play.
Share
