Germany’s Maas: EU recovery fund deal to be reached in July
|Germany’s Foreign Minister Heiko Maas offered an optimistic outlook on the European Union (EU) recovery fund while speaking to Reuters on Wednesday.
Additional comments
“What is happening there is extremely worrying because we believe that Hong Kong’s autonomy is gradually being eroded.”
“Ultimately, the relationship between China and the European Union will be affected.”
His comments come amid increased calls of the recovery fund deal to be reached by the end of this month.
Last week, European Central Bank (ECB) Governing Council Member Pablo Hernandez de Cos emphasized on the need to approve a European recovery fund as soon as possible to enable faster economic recovery from the coronavirus impact.
The hopes of reaching the deal sooner are pinned on the EU leaders’ meeting scheduled on July 17th and 18th.
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