Germany’s long-awaited fiscal stimulus is finally here — but there’s a defense spending catch, says Goldman Sachs

Germany's defense spending is set to surge this year, but the country may not execute on its "ambitious" budget target, Goldman's analyst said.
Reuters

EU parliament chief asks leaders for more money to unlock EU recovery package

BRUSSELS, Oct 15 (Reuters) - European Parliament President David Sassoli asked EU leaders on Thursday to increase the bloc's next seven-year budget by 39 billion euros to revive stalled negotiations ...
Reuters

Don't delay EU recovery package, German minister urges

BERLIN, Oct 15 (Reuters) - Europe badly needs the 750 billion euro recovery package leaders agreed in July to help members worst affected by the coronavirus pandemic, German Foreign Minister Heiko ...
MarketWatch

European stocks jump amid tentative signs Italy getting virus spread under control

European stocks rose on Tuesday amid tentative signs that the coronavirus spread is slowing in Italy, one of the worst-hit countries, as negotiations continued on a U.S. stimulus package. The German ...