EU wants to mobilize 750 billion euros to help European economy recovery

EU wants to mobilize 750 billion euros to help European economy recovery
  • Clock-gray 14:52
  • calendar-gray 27 May 2020

The European Commission wants to mobilize 750 billion euros ($821.33 billion) for the economic recovery of Europe after the coronavirus crisis, APA-Economics reports citing Bloomberg.

Of those 750 billion euros, 500 billion will be non-repayable grants while 250 billion euros will be loans, it reported the sources as saying.

APA-Economics

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