European stock markets opened lower today Due to concerns about the outbreak of Covid-19. While investors wait to see if the stimulus measures and financial aid adopted by the European Union will help and alleviate the effects of the new strain of corona virus.
The Stoxx Europe 600 index dropped by 1.9%.
The CAC-40 French stock market opened today at 4,433.95, down 109.63, -2.41%. The German stock market DAX opened at 9,793.50 points, down 207.46 points, -2.07%.
The European Parliament has approved an emergency fund of 3.7 billion euros (40.5 billion dollars), including various measures. In helping European airlines affected by the outbreak of the Covid-19 virus
The European Parliament has voted almost unanimous support for various measures. After discussing for more than 12 hours yesterday And is the first long-distance resolution of the European Parliament to block the risk of the outbreak of the Covid-19 virus.
European Commission President Ersula Vanderleen has called on the European Parliament to approve the emergency fund law, allowing 27 countries to spend more to stimulate the economy.
The law also allows the use of existing disaster response funds to support all public health services in the EU.
In addition, the European Parliament has supported the suspension of regulations to cancel the allocation of time to land at airports for airlines. If those airlines are unable to provide scheduled services in order to help the aviation industry that has been hit hard by the outbreak of the Covid-19 virus
I think I want to start forex trading.