EU's massive recovery package boosts European stock market

The European Union's (EU) landmark economic recovery package has largely underpinned the region's stock market with major shares closing above four-month highs on Tuesday, lifting investor sentiment across the continent amid the ravaging COVID-19 pandemic. After five days of intense marathon negotiations, the 27-member bloc reached on Tuesday morning an unprecedented deal on a 750 billion-euro coronavirus crisis recovery fund and the EU's long-term budget worth over 1...