Under the proposal, the E.U will issue €750 billion in government bonds and then distribute that cash to its member states through grants and loans. Nothing will happen, however, until all of the E.U.'s 27 member states approve.
European Union Reveals $826 Billion Economic Stimulus Plan To Battle Coronavirus Damage
Forbes - 27 May 2020 15:56
Under the proposal, the E.U will issue €750 billion in government bonds and then distribute that cash to its member states through grants and loans. Nothing will happen, however, until all of the E.U.'s 27 member states approve.
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