The G20 debt moratorium for poor countries needs broad international cooperation, German Finance Minister Olaf Scholz said on Wednesday and added that the participation of China was very important, as reported by Reuters. Additional takeaways “Debt moratorium should be followed by more measures to help poor countries recover after coronavirus crisis.” “Challenge of post-crisis economic revival in Europe needs joint European answers.” “We first need clarity about how much money is needed for economic recovery, only then we can discuss structure of the EU programme.” “Continued restrictions needed in Germany to contain the risk of infection, measures are supported by large parts of the population.” Market reaction Germany’s DAX 30 Index extends its daily slide and was last seen erasing 2.37% on a daily basis at 10,442.30 points. 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 Breaking: US Retail Sales plummet by 8.7 in March FX Street 2 years The G20 debt moratorium for poor countries needs broad international cooperation, German Finance Minister Olaf Scholz said on Wednesday and added that the participation of China was very important, as reported by Reuters. Additional takeaways "Debt moratorium should be followed by more measures to help poor countries recover after coronavirus crisis." "Challenge of post-crisis economic revival in Europe needs joint European answers." "We first need clarity about how much money is needed for economic recovery, only then we can discuss structure of the EU programme." "Continued restrictions needed in Germany to contain the risk of infection, measures are supported by large parts of… 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.
