EU markets slump after pause in recovery talks
A group of wealthy northern European states is pushing for a smaller recovery fund, and is seeking to limit how payouts are split between grants and repayable loans
20 July 2020 - 11:18
London — The euro and eurozone bond markets held out hope EU leaders would strike a deal on a recovery fund for the bloc's pandemic-ravaged economy on Monday, but the region's stock markets took a cautious turn lower as talks paused.
The single currency hit its highest levels against the dollar since March 9, at $1.1467 after reports of progress following three days of negotiations towards the proposed €750bn...
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