Germany strikes a deal with Hungary and Poland

Germany todays striked a dead with Poland and Hungary about Covid relief package. Warshaw and Budapest were against this deal and were blocking this in Europen comisison. Germany as current presidents of EU striked a deal. This deal will unlock 2,2 trillion Euro budget for covid relief and help crippled EU economy. It still needs to be agreed with rest of countries, but there should be no further friction and deal should go trhough. This will help EU stocks, so expect mainly DAX to advance. (Moskwa, Bloomberg)

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