The EU Commission plans to borrow at least €150bn every year until 2026 to finance the bloc's recovery fund to help the European economy rebound from the Covid-19 pandemic, the EU executive said Wednesday (14 April).
It means the commission plans to raise around €800bn on the capital markets to finance the recovery.
EU leaders last year agreed on an unprecedented €750bn package - that is in 2018 prices (as part of the 2018 budget counting process), which in current prices now to...
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