EU’s von der Leyen proposes to raise more than €140 billion to tackle energy crisis

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EU’s von der Leyen proposes to raise more than €140 billion to tackle energy crisis

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    “The European Union (EU) proposes to raise more than €140 billion for member states to tackle the energy crisis,” European Commission President Ursula von der Leyen said in a State Of European Union address to the European parliament.

    EUR/USD regains parity, as the recovery post-US CPI-led sell off extends into the European session. The spot is currently trading at 1.0001, up 0.32% on the day.

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