EU Recovery Fund

Politics • European • European Union
Merkel: Approval of EU Covid-19 recovery fund this week unclear
Merkel: Approval of EU Covid-19 recovery fund this week unclear
Credit: FinnishGovernment / © Bernhard Ludewig / Wikimedia Commons (Creative Commons Attribution 2.0)

According to the German Chancellor Angela Merkel it is unclear if the European Union will manage to agree on a multi-year budget and a recovery fund for the economic consequences from Covid-19 during this week.

She stated that "What we want now, the recovery fund or the next generation EU program, it has to be staggering, something special. Because the task at hand is huge, and therefore the answer has to be big as well".