EU wants to mobilize 750 billion euros to help European economy recovery
The European Commission wants to mobilize 750 billion euros ($821.33 billion) for the economic recovery of Europe after the coronavirus crisis, German broadcaster n-tv on Wednesday cited sources in Brussels as saying.
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.
(c) Reuters
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