Author: Rimi

  • The EU Recovery Fund: Negotiation and Contention among EU Members

    The EU Recovery Fund: Negotiation and Contention among EU Members

    This week’s €750 billion ($A1.21 trillion) Recovery Fund, agreed by the European Council, injects considerable stimulus into the faltering EU economy in the form of grants and loans. Member countries that have been badly affected by Covid-19, such as Italy, Spain and Greece, will receive major financial aid for their economies to combat the impact…