Ticker
Markets welcome EU rescue package
By EUobserver
Shares in European banks soared by 4 percent after the EU unveiled its multi-billion pandemic bailout plan on Wednesday, amid broader market gains. Shares in some travel firms, such as Tui, also rebounded, as EU states slowly reopened to tourism. But the value of the British pound fell by 1% against the euro, as EU and UK negotiators appeared no closer to serious progress on future trade talks.