EU clinches deal on US$860 billion coronavirus rescue fund after marathon summit

European Union leaders reached a deal on a massive stimulus plan for their coronavirus-blighted economies at a predawn meeting on Tuesday after a fractious summit that went through the night and into its fifth day.Summit chairman Charles Michel tweeted “Deal” soon after the 27 leaders reached agreement at a 5.15am (local time) plenary session.“This agreement sends a concrete signal that Europe is a force for action,” Michel said at a news conference.“It is about a lot more than money. It is…

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