The next generation of EU funds must be implemented quickly – Luis de Guindos

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The The next generation of the European Union recovery fund is key to reducing redenomination risks, said the Vice President of the European Central Bank (ECB) on Wednesday, Luis de Guindos, as reported by Reuter. “The next-generation EU fund must be implemented quickly,” de Guindos added.

Commenting on the appointment of Janet Yellen as the next US Treasury secretary, the president said it was good news for the United States and the world economy.

Market reaction

The pair EUR/USD It largely ignored these comments and was last seen gaining 0.02% on the day at 1.1898.

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