Wednesday, 16 June 2021

Von der Leyen signs off first of EU’s Covid recovery fund plans

Portugal is first country to get green light for €16.6bn investment under EU’s €800bn fund * Coronavirus – latest updates * See all our coronavirus coverage Ursula von der Leyen has signed off on the first plans by EU member states to spend Brussels’ €800bn (£687bn) Covid recovery fund, as she sought to reverse the reputational damage inflicted on the bloc by the pandemic during a visit to Portugal and Spain. Speaking in Lisbon, the European Commission president said she believed the Next Generation EU fund, which has been weighed to prioritise digital and green projects, would be a “European success”. Continue reading...
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