But it isn’t clear whether this is a final breakthrough or just merely an agreement to move forward on discussions though, according to Olk. Markets are not waiting around though. EUR/USD has surged up to above 1.0900 while the DAX is now up 1.6% on the day.
Update: Politico correspondent, Hans von der Burchard, is also confirming this in saying that the parties have agreed “on a gigantic new debt package for defense, infrastructure, and climate”. Here we go.