Commission proposes financial package of 750 billion euros
The European Commission, the executive body of the European Union (EU), proposes a mobilization package of 750 billion euros (about 88,750 billion yen). Take an unprecedented response to overcome the worst recession in the past. A person familiar with the situation revealed.
According to the officials, who stated that they are anonymous, as a policy, the € 500 billion of which will be distributed in the form of grants to member countries, and € 250 billion will be a loan. As a source of financial expenditure, the EU borrows up to 750 billion euros in the financial markets.
(Bloomberg)
Tonight, it seems that buying is gathering in the euro.
Although it seems to be swayed a little, buying EURUSD for a short-term purpose is 1.1018 with a loss cut.
Consider new buying of EURCHF.
