Experts from the European Union have stated that they must spend to stop the emerging epidemic of the Coronavirus (COVID-19) virus
The European Commission experts, TEG, who are 35 members of businessmen and policy experts, also stated that the financial requests for relief from COVID-19 in the European Union should be in line with the climate of the bloc's policies. The opportunity for economic recovery remains open and available in a smooth and easy manner, while encouraging governments and the private sector to employ more
European Commission experts, TEG, have also established several criteria for green bonds in the European Union, a mechanism for evaluating financial instruments, contracts and investment funds that are consistent with the principles of the Paris Agreement.
In the economic framework of the single currency, EUR / USD
The Eurodollar pair rose with a noticeable strength against the US dollar, which is losing ground over time. On the other hand, the euro is good news about market stimulus plans, progress in Corona virus statistics, and new infections being restricted
The euro-dollar pair is trading in the 1.0856 area on the daily chart, achieving a slight increase from the end of last week
