“There are very strong reasons to expect the Polish and Hungarian veto on the EU budget to be overcome,” he said on Tuesday. the Commissioner for the Economy of the European Union, Paolo Gentiloni.
“We do not want to consider any plan B to address the budget veto of Poland and Hungary,” Gentiloni added, reiterating that they must work hard to avoid a delay in the launch of the EU recovery fund. “
Market reaction
These comments do not appear to have a significant impact on the performance of the shared currency against its rivals. At the time of writing, the pair EUR/USD it was up 0.25% on the day at 1.1880.
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