European Union approves pandemic recovery plans for 12 countries

The Standard

13 Jul 2021

European Union nations approved the pandemic recovery plans of the bloc’s four biggest economies and eight other member countries

Tuesday, a move seen as a bellwether for an economic revival from the unprecedented recession caused by the coronavirus pandemic, AP reports.


The approval will allow a dozen of the EU’s 27 members to start unlocking funds for the pre-financing of projects that are intended to put Europe on more solid economic footing while also making it greener and more digitally advanced.


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