EU leaders agree on a plan to rescue the economy: details

21 July 2020, 14:53 | Economy
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It became known that the leaders of the Association were able only on the fifth day of the summit to reach an agreement on a fund for economic recovery in a pandemic.

“We spent 4 days and nights, 90 hours in negotiations and achieved success,” said the head of the European Commission Ursula von der Laan.

The EU Recovery Fund will consist of 390 billion euros in grants and 360 billion euros in loans. It will be added to a new seven-year budget of € 1,074 trillion.

It is also worth noting that the EU's long-term budget was difficult to reconcile this time around, as it "

Earlier it was reported that last week fuel prices in Ukraine remained at a stable level, if there were any price increases, it was not significant around ten kopecks..




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