May.14 — In Europe, would-be travelers are hoping to swap balconies for beaches this summer. Europeans have taken heart from the European Commission’s plan to reopen the borders. Germany and France have come to an agreement to open up their shared border in the coming weeks. Europe’s largest economy wants its land borders with all nine neighbors opened by June 15, but with Spain and others looking to enforce a quarantine system, how will the reinstitution of free movement work in practical terms. Bloomberg’s Maria Tadeo reports on “Bloomberg Markets: European Open.”
In This Story: EU
The European Union (EU) is a political and economic union of 27 member states that are located primarily in Europe. Its members have a combined area of 4,233,255.3 km² and an estimated total population of about 447 million.
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In This Story: France
France is a republic and the largest Western European nation. Through expansion and colonisation in the 17th and 18th centuries France became a great power and still retains territories around the world. It has a seat on the UN security council and is the world’s fourth most wealthy country with a high standard of living and strong cultural identity.
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In This Story: Germany
Germany is a federal parliamentary republic led by a chancellor. With over 83 million inhabitants of its 16 constituent states, it is the second-most populous country in Europe after Russia, as well as the most populous member state of the European Union. Its capital and largest city is Berlin, and its financial centre is Frankfurt; the largest urban area is the Ruhr.