Euro has started the day down against the pound, after it materialised that EU financial ministers are still divided over a response to the coronavirus crisis. In an emergency teleconference that lasted more than 16 hours, finance chiefs couldn’t agree on the steps needed to help European economies recover.
Countries in the North of Europe are largely in disagreement with those in the South, which have been hit hard by the virus. Another call is scheduled for tomorrow, however, at the moment it’s unclear how members with overcome their differences.
