Page 22 - ஜெர்மன் அரசியலமைப்பு நீதிமன்றம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

After six months of parliamentary debates, internal discussions and judicial procedures, all 27 EU countries have ratified the legal instrument that underpins the bloc s €750-billion recovery fund, paving the way for money to reach national governments by July. The last two pending green-lights were those of Austria and Poland, which were completed on Thursday following a positive vote in their respective parliaments. The Polish ruling coalition came close to breaking up due to disagreements regarding the country s plan to spend and invest its allocated share of the funds. The legal instrument, known as the Own Resources Decision, will enable the European Commission to borrow the necessary cash on the financial markets and repay it over the next decades - by 2058 at the very latest.

United statesBruxelles capitaleJohannes hahnJoe bidenA commissionGerman constitutional courtEuropean commissionOwn resources decisionEuropean commissionerNext generationResilience facilityTreasury alexander hamiltonRevolutionary warFrench president emmanuel macronEuropean unionEu commission