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This policy brief aims to provide potential justification, design and estimated revenues for a Single Ma

Members of the European Parliament sit in plenary in Brussels on 8 and 9 November 2023.

Germanys highest court on Wednesday rejected an emergency attempt to block the country from ratifying the European Unions Recovery package over the blocs plan to raise funds by pooling debts. The EU unveiled a €1.8 trillion seven-year budget in December which includes a €750 billion post-COVID Recovery Plan. Part of the money is to raised by the issuance of an EU common bond, which has never been done before. But some in Germany had launched a legal challenge over the new instrument, fearin...

3 Min Read BRUSSELS (Reuters) - The European Commission plans to borrow around 150 billion euros annually until 2026 to finance the bloc’s unprecedented plan to make its economy greener and more digitalised, making it the biggest debt issuer in euros, the Commission said on Wednesday. Slideshow ( 2 images ) The amount of the EU economic plan was agreed at 750 billion euros in 2018 prices, but now totals around 807 billion euros in current prices. The money is split into 338 billion euros in g...

Updated / Wednesday, 14 Apr 2021 11:51 The EU green and digital plan totals €750bn The European Commission plans to borrow around €150bn annually until 2026 to finance the blocs unprecedented plan to make its economy greener and more digitalised, making it the biggest debt issuer in euros. The amount of the EU economic plan was agreed at €750bn in 2018 prices, but now totals around €807bn in current prices. The money is split into €338bn in grants and €386bn in loans for the 27 EU ...

BRUSSELS - The European Union's 672.5-billion-euro (815-billion-dollar) economic recovery fund received its final approval on Friday as the ...