Economics

EU Economy Chief Sees July Deal on 750 Billion-Euro Crisis Fund

  • Paolo Gentiloni speaks on recovery fund to Bloomberg TV
  • EU governments need to agree on the unprecedented package
WATCH: A deal on the recovery fund could be struck in July, Gentiloni says.Source: Bloomberg
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A deal on a 750 billion-euro ($850 billion) package to help the European Union’s economies recover from the virus-induced recession could be struck in July, the bloc’s economy chief said, even as countries have been voicing opposition to the proposal currently on the table.