EU Leaders Agree on European Budget and COVID-19 Recovery Plan

On early Tuesday morning, the EU leaders agreed on this agreement to jointly borrow €750 billion to respond to the coronavirus pandemic. The EU’s recovery fund, will be composed of €390 billion in grants and €360 billion in loans, which will be attached to a new €1.074 trillion seven-year budget, the Multi-annual Financial Framework, which … Continue reading EU Leaders Agree on European Budget and COVID-19 Recovery Plan