#EU recovery plan

Combination of pictures created on January 12, 2021 shows a file photo taken on October 2, 2020 of Italian PM Giuseppe Conte at The European Council Building in Brussels (L) and then former Italian PM, Matteo Renzi, on March 5, 2018 at the PD headquarters in Rome.
Combination of pictures created on Janua... […]

Virus-hit Italy faces political crisis over EU recovery plan

Italy is facing a fresh political crisis after weeks of turmoil in the coalition government came to head in a row over how to spend billions of euros in EU coronavirus recovery funds
Thousands of Spanish flags, representing the Spanish victims of COVID-19, are pictured on Patacona beach in Valencia, on October 4, 2020. - Spain has so far claimed more than 32,000 lives and 790,000 infected in the highest infection rate in the European Union. (Photo by Jose Jordan / AFP)
Thousands of Spanish flags, representing... […]

Spain hopes to create 800,000 jobs with economic rescue plan

Spain's government has unveiled an EU-funded recovery plan aimed at creating over 800,000 new jobs and yanking the country out of its worst economic slump in decades
(L-R) Dutch PM Mark Rutte, European Council President Charles Michel, French President Emmanuel Macron and President of the European Commission Ursula von der Leyen participate in a last roundtable discussion following a four-day European summit at the European Council in Brussels, Belgium, early July 21, 2020. Photo: Stephanie Lecocq / Pool / AFP
(L-R) Dutch PM Mark Rutte, European Coun... […]

EU leaders agree to link funds to rule of law

EU leaders have for the first time agreed to link payment of funds to a member state with respect for the bloc's legal norms -- though Poland and Hungary say they blocked tougher planned measures
European Commission President Ursula Von Der Leyen (L) and European Council President Charles Michel bump elbows after a news conference following a four-day European summit at the European Council in Brussels, Belgium, early July 21, 2020. Photo: Stephanie Lecocq / Pool / AFP
European Commission President Ursula Von... […]

EU’s virus recovery plan: historic but imperfect

The 750-billion-euro coronavirus recovery deal struck by EU leaders may be a historic landmark, but analysts are already warning it comes with substantial flaws
Spain's PM Pedro Sanchez (L), French President Emmanuel Macron (C) and German Chancellor Angela Merkel (R) read documents during an EU summit in Brussels on July 20, 2020, as EU leaders held their first face-to-face summit over a post-virus economic rescue plan. Photo: John Thys / Pool / AFP
Spain's PM Pedro Sanchez (L), French Pre... […]

Five things to know about the EU virus recovery plan

The European Union's 27 member states emerged from an intense four-day and four-night summit brandishing a huge coronavirus recovery plan and a trillion-euro long-term budget
(LtoR) Austria's Chancellor Sebastian Kurz, Netherlands' Prime Minister Mark Rutte, Sweden's Prime Minister Stefan Lofven, Denmark's Prime Minister Mette Frederiksen (up L), President of the European Council Charles Michel and President of the European Commission Ursula von der Leyen meet on the sidelines of a special European Council summit in Brussels on February 20, 2020, held to discuss the next long-term budget of the European Union (EU). (Photo by Virginia Mayo / POOL / AFP)
(LtoR) Austria's Chancellor Sebastian Ku... […]

Sweden and Denmark step out of the shadows as EU’s frugals

Normally perceived as team players, Sweden and Denmark have found themselves playing the unaccustomed role of outliers in EU politics, blocking the widely backed COVID-19 recovery plan
(FILES) In this file photo taken on October 8, 2019 Irish Finance Minister Paschal Donohoe gestures during a photo call prior to presenting his Budget 2020 to parliament, at Government Buildings in Dublin. - Irish finance minister Paschal Donohoe was picked as the new president of the Eurogroup on July 9, 2020, which brings together the eurozone finance ministers who help guide European economic policy. (Photo by Paul FAITH / AFP)
(FILES) In this file photo taken on Octo... […]

Ireland’s Donohoe takes leadership of Eurogroup amid historic recession

Irish finance minister Paschal Donohoe has been picked as the new president of the Eurogroup, a key role as Europe sits in the depths of its deepest recession since World War II
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