Germany takes over the European Unions six-month presidency Wednesday, with outgoing Chancellor Angela Merkel staking her legacy on a massive economic recovery plan to help the bloc cope with the coronavirus fallout. The crisis has galvanised Europes most powerful leader who, with just over a year left in her final term, has ditched her usual wait-and-see approach to call for extraordinary measures to weather the storm. Europes future is our future, Merkel said Monday as she stood beside French President Emmanuel Macron to push for a 750-billion-euro ($843 billion) coronavirus recovery fund.
Merkel's legacy at stake as Germany takes EU reins. This article is published at 01 July 2020 09:26 from Yahoo India Finance News Headlines, click on the read full article link below to see further details.