In an interview with an Italian daily, Corriere Della Sera, the European Union (EU) Economic Commissioner Paolo Gentiloni said, “in Rome, we need a reform plan to start growing again.” Key quotes “It is clear that a global response is needed, both in terms of health and virus containment policies, and economically. Sad to note that coronavirus has served to rediscover the importance of multilateralism. I am personally engaged in the G7 and G20 to contribute to a global response. I consider the outcome of the G7 conference call in which I participated today (yesterday, ed) positive.” From the EU comes a message of solidarity, understanding and closeness. We will evaluate the Italian request to use the “exceptional circumstances” clause on public finance balances with this positive spirit. The measures then have to be related to these circumstances. Further interventions will have to be coordinated and decided at the European level and will be the subject of the next meetings. But on Italy I would like to add something, if I can: we must be aware that our difficulties come from afar and therefore, beyond the expenses to face the emergency, Italy needs a plan for reforms and revitalizing the economy . I know that Minister Roberto Gualtieri is working on it.” EUR/USD keeps losses around 1.1150 Amid broad-based US dollar rebound and mixed German Retail Sales data, EUR/USD keeps its corrective mode intact from a two-month top of 1.1212. The spot trades 0.18% lower at 1.1154, at the press time. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/JPY sticks to modest recovery gains around mid-107.00s, lacks follow-through FX Street 3 years In an interview with an Italian daily, Corriere Della Sera, the European Union (EU) Economic Commissioner Paolo Gentiloni said, “in Rome, we need a reform plan to start growing again.” Key quotes "It is clear that a global response is needed, both in terms of health and virus containment policies, and economically. Sad to note that coronavirus has served to rediscover the importance of multilateralism. I am personally engaged in the G7 and G20 to contribute to a global response. I consider the outcome of the G7 conference call in which I participated today (yesterday, ed) positive." From the EU comes a message of solidarity,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.