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Germany, France propose recovery fund for pandemic-hit EU

Germany and France jointly proposed a 500 billion-euro recovery fund Monday to boost European economies hit by the coronavirus pandemic. In a joint statement, German Chancellor Angela Merkel and French President Emmanuel Macron said the fund would see European Union budget money used to...

Spain aims to reopen borders to tourism in late June

Tourism-dependent Spain aims to reopen borders to visitors around the end of June as its coronavirus lockdown fully unwinds, a minister said Monday, in a much-needed boost for the ravaged travel sector. Madrid last week surprised its European Union partners by imposing a two-week quarantine...