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Europe’s struggling economies are set to get a major boost from the €750 billion COVID-19 recovery fund. In the last weeks ‘recovery and resilience plans’ from across the bloc have been submitted to the Commission as part of what the Commission is calling the ‘NextGenerationEU’ initiative. The Commission is now working in tandem with national governments to make sure that they help those sectors that are most in need, and many economists believe that this surge of spending could provide an even larger boost to growth than governments are expecting. Helping to restore a crucial sector One sector which has been particularly impacted by Covid-19 is hospitality, and it is vital that national recovery plans outline in detail the specific measures which will be taken to support it, and the funding which will be available.

Thierry bretonNicolas schmitEuropean parliamentSocial rights nicolas schmitInternal marketMarshall planPresident ursulaHospitality europeTask forceFive pledgesTourism manifestoResilience planதியரி பிரெட்டன்நிக்கோலாஸ் ஸ்சிமிட்ஐரோப்பிய பாராளுமன்றம்சமூக உரிமைகள் நிக்கோலாஸ் ஸ்சிமிட்