07-07-2020 22:00 via uk.finance.yahoo.com

Italy PM Conte says he will not accept 'weak compromise' on EU recovery fund

Italian Prime Minister Giuseppe Conte said on Tuesday the European Union must act decisively to build a common response to the economic crisis caused by the COVID-19 pandemic, urging that support measures be activated rapidly."We won't accept a weak compromise" on an EU Commission proposal to build up a recovery fund to finance the bloc's coronavirus-battered economies, Conte told reporters in Lisbon speaking alongside Portuguese Prime Minister Antonio Costa.EU leaders still have to agree on the
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