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12 EU countries to get pre-financing to jump-start pandemic-hit economies Xinhua | Updated: 2021-07-14 09:07   European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, May 5, 2021. [Photo/Agencies] BRUSSELS The Council of the European Union (EU) on Tuesday approved the first batch of national plans for recovery from the COVID-19 pandemic fallout, concluding the process for nearly half of EU countries to get the initial capital. The first 12 countries to be able to get the much-needed loans and grants are Austria, Belgium, Denmark, France, Germany, Greece, Italy, Latvia, Luxembourg, Portugal, Slovakia and Spain. I think today is a historic day because it s the first time that the EU, the European Commission supported states in such way. For example, went to the markets, issued bonds, and now pays grants and loans to the countries, declared Slovenian Minister for Finance Andrej Sircelj, whose country holds the current

Bruxelles capitalePaolo gentiloniValdis dombrovskisAndrej sirceljCouncil of the european unionEuropean unionEu commissionEuropean commission executive viceEuropean commissionSlovenian ministerFinance andrej sirceljEuropean commission executive vice presidentEuropean commissionerRecovery facilityப்ரூக்ஸெல்ஸ் தலைநகரம்சபை ஆஃப் தி ஐரோப்பிய தொழிற்சங்கம்