The single currency has strengthened this morning on the back of progress expected today as EU leaders continue to meet in Brussels and plan a response and rescue package for the countries worst affected by the Covid pandemic.
Haggling and disunity among EU states had been reported over the size and repayment – or not – of the package, but a figure of €390bn in grants is being supported by European Council President Charles Michel.
Dutch Prime Minister Mark Rutte, leader of the more parsimonious northern European states, has said: “nothing is guaranteed yet, but we now have a very good text on which consensus is slowly emerging.”
Spanish tourist resorts are filling up, but mainly with cars as European tourists opt to drive to the costas.
