July 21, 2020 / 7:01 AM / 22 days ago

French Finance Minister: EU summit deal marks birth of a new Europe

FILE PHOTO: Bruno Le Maire, French Minister of the Economy, Finance, and Recovery, attends a handover ceremony at the Bercy Finance Ministry in Paris, France, July 7, 2020. REUTERS/Gonzalo Fuentes/File Photo

PARIS (Reuters) - The European Union’s deal on a massive, economic stimulus plan marks the birth of a new Europe, French Finance Minister Bruno Le Maire told France Info radio on Tuesday.

Le Maire said the deal would result in a Europe with greater solidarity among member nations, more environmentally-friendly policies and a stronger Franco-German relationship at its core.

European Union leaders reached an “historic” deal on a massive stimulus plan for their coronavirus-hit economies at a pre-dawn meeting on Tuesday after a fractious summit that lasted almost five days.

Reporting by Sudip Kar-Gupta and Matthieu Protard; Editing by Andrew Heavens

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