After several days of hard negotiations the participants of the EU summit agreed on the details multi-year budget plan to support a “collective” of the economy after the impact of coronavirus.
Press Secretary of the head of the European Council of Lats Barend said on Twitter that the official on the action taken will be announced during the speech of the President of the European Council and the European Commission.
we are Talking about agreement with a budget of 1.074 billion euros and a recovery plan of 750 billion also means the creation of a special Fund.
it is Noted that 70% of the Fund’s recovery should be used in 2021-2022 years, another 30% may be involved in 2023.
due to discuss the plan of the EU summit in Bryusselle this year was held for four days instead of two.
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