Von der Leyen begs EU leaders for €2 TRILLION war chest to save bloc from economic failure

Von der Leyen begs EU leaders for €2 TRILLION war chest to save bloc from economic failure

Daily Express - World·2020-04-24 11:02

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The European Commission President wants to use the EU’s next seven-year budget to delivery the recovery war chest to needy member states. Her plan would see the multi-annual financial framework topped up by a series of new financing mechanisms that would be established at a later date. “All told, the new proposals will be able to generate at least 2000 billion of investment and expenditure; heavily front-loaded and geared at recovery and resilience,” an internal dossier, seen by Express.co.uk, said.

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Politics European Union News International

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