In a major development, EU leaders have struck a deal on a huge post-coronavirus recovery package following a fourth night of talks, reports BBC.
What is it?It involves €750bn (£677bn; $859bn) in grants and loans to counter the impact of the pandemic in the 27-member bloc.
- The talks saw a split between nations hardest hit by the virus and so-called “frugal” members concerned about costs.
- It is the biggest joint borrowing ever agreed by the EU.
- The deal centres on a €390bn programme of grants to...
https://mfame.guru/watch-eu-agrees-on-e750bn-covid19-recovery-package/