Expressing his thoughts on the EUR500 billion (446.98 billion pounds) European Union (EU) Recovery Fund proposed by Germany and France on Monday, the German Finance Minister Olaf Scholz told reporters, said the fund will enable the EU to grow out of crisis together and become stronger. Key quotes “When the lockdown phase ends, we need to ensure that Europe recovers and that’s why we’ve already discussed the need for a recovery fund – the discussion is ongoing and it’s good for the necessary consensus in Europe that Germany and France are making a joint proposal on this issue.” “This new 500 billion euro fund will make it possible for Europe to grow out of the crisis together and become stronger – I think that’s a very good message not only for the economy and jobs but also for the future of the European Union.” Related articles German May ZEW Economic Sentiment Index beats estimates with 51.0, EUR/USD keeps highs French FinMin Le Maire: EU recovery fund probably not available until 2021 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 Indonesia: BI holding on for now – TDS FX Street 2 years Expressing his thoughts on the EUR500 billion (446.98 billion pounds) European Union (EU) Recovery Fund proposed by Germany and France on Monday, the German Finance Minister Olaf Scholz told reporters, said the fund will enable the EU to grow out of crisis together and become stronger. Key quotes “When the lockdown phase ends, we need to ensure that Europe recovers and that’s why we’ve already discussed the need for a recovery fund - the discussion is ongoing and it’s good for the necessary consensus in Europe that Germany and France are making a joint proposal on this issue.” “This new… 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.