Home / Market Update / Spain’s Sanchez: EU Recovery Plan Might be Reached in The Next Hours

Spain’s Sanchez: EU Recovery Plan Might be Reached in The Next Hours

Spanish Prime Minister Pedro Sanchez said on Monday that he hopes that EU leaders will agree on a recovery plan in the coming hours. 

“Reaching EU agreement will require empathy, dialogue and determination,” Sanchez said.

European leaders will resume talks again later at 1400 GMT today, extending the summit in Brussels to a fourth day.

As hopes on the EU deal are heightening, the euro was on a rising trend and later jumped to 4-months highs at the 1.1467 regions on Monday.

Check Also

Daly Signals Caution: Fed Ready to Hold, But Not Ruling Out Rate Cuts

Mary Daly has reinforced the Federal Reserve’s cautious stance, emphasizing that interest rates will likely …