Latvian PM Karins: 10 billion euros allocation for Latvia in EU multiannual budget is positive outcome

  • 2020-07-30
  • LETA/TBT staff
More than 10 billion euros will be available for Latvia in the coming seven years as the EU adopted its multiannual budget and the recovery fund, Latvian Prime Minister Krisjanis Karins (New Unity), said on July 24. The prime minister's office reported that this is a unique agreement of the 27 EU member states on the necessary investments in strengthening the EU economies, allowing the countries to recover from the consequences of the Covid-19 pandemic, at the same time, continuing the economic growth in 2021-2027. An additional challenge is reduction of the EU budget...
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