EU wants ambitious economic deal more than fast, says Lagarde

FRANCFORT – It is better for the leaders of the European Union to agree on an ambitious economic aid plan for the bloc than to succeed in an immediate agreement at all costs, European Central Bank President Christine Lagarde said Sunday.

“Ideally, the leaders’ agreement prefers to be ambitious in terms of the length and composition of the package, generally in accordance with what has been proposed through the Commission,” Lagarde told Reuters.

“From my point of view, it’s better to agree on an ambitious facility in this direction, it takes a little longer. I hope leaders agree on anything ambitious in the connection quickly.”

A financial aid program designed to elevate Europe from its innermost recession since World War II at stake at a summit on Sunday as leaders discussed the most important things for the third day in a row, widening the threat that the package would be delayed. or diluted. (Reports through Balazs Koranyi; Edited through Kevin Liffey)

Sign up for the ultimate daily productive news from the National Post, a branch of Postmedia Netpaintings Inc.

An error has occurred, please enter the email address.

A welcome email is on the way. If you don’t see it, check your spam folder.

The following of the broadcast newsletter will soon be in your inbox.

We found a registered difficulty. Please check again

Postmedia is committed to regrouping an animated but civil discussion forum and encouraging all readers to make a percentage of their comments in our articles. Comments can take up to an hour for moderation before appearing on the site. We ask that you remark your applicable and respectful comments. We’ve enabled email notifications: now get an email if you get a reaction to your comment, there’s an update to a comment thread you’re following, or if a user follows the comments. See our netpaintings regulations for more information and important things on how to adjust your email settings.

36five Bloor Street East, Toronto, Ontario, M4W 3L4

© 2020 National Post, a branch of Postmedia Netpaintings Inc. All rights reserved. Dissemination, transfer or illegal replication prohibited.

This uses cookies to personalize your content (add ads) and allows us to analyze our traffic. Learn more about cookies here. By exploiting our site, you agree to our terms of use and our privacy policy.

Be the first to comment on "EU wants ambitious economic deal more than fast, says Lagarde"

Leave a comment

Your email address will not be published.


*