The EU agrees a historic\, unprecedented $860 billion recovery fund as the bloc fights the fallout of coronavirus

The EU agrees a historic, unprecedented $860 billion recovery fund as the bloc fights the fallout of coronavirus

Business Insider Tuesday, 21 July 2020 ()
The EU agrees a historic, unprecedented $860 billion recovery fund as the bloc fights the fallout of coronavirus· *Leaders of the European Union reached a historic deal Tuesday on an $860 billion recovery fund aimed at the reconstruction of the 27-member bloc.*
· *By the end of a 4-day summit, the heads of states agreed on distributing 390 billion euros ($446 billion) in grants, and 360 billion euros ($412 billion) in loans after...
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Video Credit: PA - Press Association STUDIO - Published
News video: EU leaders clinch 'historic' deal and Covid-19 recovery fund

EU leaders clinch 'historic' deal and Covid-19 recovery fund 01:14

 European Union leaders have finally clinched an unprecedented 1.82 trillion euro (£1.64 trillion) budget and coronavirus recovery fund.The leaders finalised the agreement in Brussels in the early hours of Tuesday morning, finding unity after four days and nights of fighting and wrangling over money...