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France’s economy minister contracts coronavirus

Getty Images French economy minister Bruno Le Maire announced Friday he has tested positive for COVID-19 but said he had no symptoms and was working from home as cases soared again in France. Le Maire, who is responsible for reviving a French economy battered by the months-long pandemic, is not the first member of President Emmanuel Macron’s government to have been diagnosed with the disease. “I tested positive for Covid-19 this evening. I immediately placed myself in isolation at home in line with the health regulations issued by the government,” Le Maire said in a tweet. “I show no symptoms. I will remain in isolation for seven days. I continue to exercise my duties,” the 51-year-old minister said. On March 9, the former culture minister and current minister for external trade, Franck Ri...

Emmanuel Macron, Angela Merkel agree €500 billion coronavirus recovery plan for Europe

France and Germany proposed Monday a 500-billion-euro ($542-billion) fund to finance the recovery of the European Union’s economy from the devastation wrought by the coronavirus crisis. Putting aside past differences and seeking to prove that the Franco-German core of Europe remains intact, President Emmanuel Macron and Chancellor Angela Merkel announced the unprecedented package after talks by video conference. European Central Bank head Christine Lagarde told major European newspapers that “the Franco-German proposals are ambitious, targeted and welcome.” With the European economy facing its biggest challenge since World War II, Macron also acknowledged that the EU had fallen short in its initial response to the virus and needed to coordinate more closely on health. Financed by “borrowin...