European Parliament calls for EUR 50 bln EU Coronavirus Solidarity Fund

  • 2020-04-17
  • BNS/TBT Staff
TALLINN – Members of the European Parliament want to see a massive recovery package to support the European economy after the COVID-19 crisis, including recovery bonds guaranteed by the EU budget, as well as a EU Coronavirus Solidarity Fund of at least 50 billion euros. In a resolution adopted on Friday, Parliament welcomes the EU’s fiscal measures and liquidity support to address the pandemic. Beyond what is already being done, Europe needs a massive recovery and reconstruction package to be financed by an increased long-term budget (MFF), existing EU funds a...
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