{"id":31621,"date":"2020-07-20T17:06:04","date_gmt":"2020-07-20T13:06:04","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=31621"},"modified":"2020-07-20T17:06:05","modified_gmt":"2020-07-20T13:06:05","slug":"french-president-macron-achieving-covid-19-recovery-deal-is-likely","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/french-president-macron-achieving-covid-19-recovery-deal-is-likely\/07\/20\/market-updates\/","title":{"rendered":"French President Macron: Achieving COVID-19 recovery deal is likely"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>After extending talks in Brussels to the fourth day, EU leaders are inching closer to a 1.8T Euro stimulus package in light of the economic damage caused by the coronavirus pandemic.<\/p>\n\n\n\n<p>French Finance Minister Bruno Le Maire said on Monday an agreement on a recovery plan at the European Council meeting was possible and a necessity.&nbsp;<\/p>\n\n\n\n<p>Also today, French President Emmanuel Macron said \u201cHopes are there for a compromise but I remain prudent regarding the EU summit outcome,\u201d adding that a compromise is likely.<\/p>\n\n\n\n<p>Meanwhile, German chancellor Angela Merkel said that she is hopeful that an agreement on the recovery plan would be possible by today.<\/p>\n\n\n\n<p>On Sunday, EU Council President Charles Michel urged leaders to set aside disagreements, saying &#8220;are the 27 EU leaders capable of building European unity and trust or, because of a deep rift, will we present ourselves as a weak Europe, undermined by distrust.&#8221;<\/p>\n\n\n\n<p>The news is strengthening the euro against the U.S. dollar. The EURUSD pair was last seen trading at 1.1465.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After extending talks in Brussels to the fourth day, EU leaders are inching closer to a 1.8T Euro stimulus package in light of the economic damage caused by the coronavirus pandemic. French Finance Minister Bruno Le Maire said on Monday an agreement on a recovery plan at the European Council meeting was possible and a &hellip;<\/p>\n","protected":false},"author":9,"featured_media":30653,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6863,7021,7022],"class_list":["post-31621","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-covid-19-2","tag-french","tag-macron"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/31621","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=31621"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/31621\/revisions"}],"predecessor-version":[{"id":31622,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/31621\/revisions\/31622"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30653"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=31621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=31621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=31621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}