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BRUSSELS—European Union leaders agreed on a €1.eight trillion ($2.06 trillion) spending package deal geared toward containing an unprecedented financial downturn by resorting to new measures that might in the end deepen the bloc’s financial integration.
The package deal, constructed across the bloc’s first-ever issuance of tons of of billions of euros of frequent debt, got here collectively early Tuesday after 4 days of talks among the many bloc’s 27 leaders. German Chancellor Angela Merkel and French President Emmanuel Macron have been pressured to compromise on what…
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