France's Macron: Working on long-term furlough scheme
|French President Emmanuel Macron said on Tuesday that they are working on a long-term furlough scheme that would allow some people to keep working, as reported by Reuters.
Macron further noted that his pension reform needs reworking. "After the COVID crisis, we need to look again at the financing of pension reform," Macron added and said that he still believes the proposed reform is good and fair.
Market reaction
These comments don't seem to be having an impact on the shared currency's performance. As of writing, the EUR/USD pair was up 0.28% on a daily basis at 1.1372.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.