French President Emmanuel Macron and German Chancellor Angela Merkel on May 18 presented a joint action plan to face the Covid-19 epidemic in Europe. They proposed a €500 billion recovery fund, and also said they were proposing to authorise the European Commission to borrow money on financial markets in the European Union’s name, while at the same time respecting EU treaties.
Subscribe to France 24 now:
http://f24.my/youtubeEN
FRANCE 24 live news stream: all the latest news 24/7
http://f24.my/YTliveEN
Visit our website:
http://www.france24.com
Subscribe to our YouTube channel:
http://f24.my/youtubeEN
Like us on Facebook:
https://www.facebook.com/FRANCE24.English
Follow us on Twitter:
https://twitter.com/France24_en