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After Four Days And Four Nights Of Negotiations, The EU Has Reached A Historic Agreement

2020/7/22 14:39:00 0

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After four days and four nights of negotiations, EU Member States finally reached an agreement on the largest fiscal and economic recovery plan in history in the early hours of 21st local time.

Jurgen Friedrich, general manager of the German federal agency for foreign trade and investment, pointed out that the European Union hopes to cope with the historic economic recession through the financial rescue plan, maintain the integration of the EU's internal market, invest heavily in the digital field and transform into a climate friendly economy.

In his view, the agreement has released a positive signal: "this decision is of great significance for the future development of Europe, and shows that we are fighting the crisis together through the strength of unity and unity." At the same time, Friedrich said investment in future technology and sustainable economy will also bring more business opportunities to Europe, including Germany.

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