May 19, 2020 / 7:12 AM / 16 days ago

French Foreign Minister: in interest of all of EU to sign up to Franco-German recovery plan

FILE PHOTO: French Foreign Affairs Minister Jean-Yves Le Drian attends the weekly session of questions to the government at the National Assembly in Paris, France, March 31, 2020. Yoan Valat/Pool via REUTERS

PARIS (Reuters) - France’s foreign minister said European Union countries which are skeptical about a Franco-German proposal for a 500 billion euro (446.98 billion pounds) coronavirus recovery fund should back it or risk making it even harder to get out of the crisis.

“It’s in the interest of all European countries to sign up for this initiative .... if there isn’t this momentum, nobody will able to get out of it,” Jean-Yves Le Drian told LCI television.

Reporting by John Irish; Editing by Sudip Kar-Gupta

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