In June, the European Union will launch the recovery plan for recovery from the economic repercussions of the Virus Corona, after the 26 members of the Union. P>
According to Arab Net, Portuguese Prime Minister Antonio Costa, who holds his country's rotating presidency, said that the European Council was able to remove the necessary funding for the European Economic and Social Recovery Plan. P>
UNHCR will be able to enter financial markets and exposed to the funding of the plan on behalf of EU Member States. P>
The plan was 672 billion euros had been approved in July 2020. But UNHCR rule on behalf of the bloc was required to ratify the 27 member countries on the plan. P>
The European Economic Recovery Plan provides for a joint borrowing fund among all Member States to reduce costs to the least capable of its burden, in a step optimized for northern northern countries. P>
Costa noted that the Governments of the 27 countries and their national parliaments had shown a strong sense of solidarity and responsibility, according to France-Presse. P>
"We can not bear more time," he said. "We must ensure access to quick consent to the first recovery plans and adapt to the end of June. P>
European minister for European affairs Clement Bonn said that the European Union will start communicating with major international and European banks as of Tuesday. P>
The two parliamentarians and the last two Poland, which were honest on the joint borrowing mechanism, were already on Thursday. P>
Spain and Italy will be severely affected by the pandemic, the most prominent beneficiaries of the Fund, will receive both 70 billion euros. P>
Money for major infrastructure projects and environmental projects are scheduled to develop the network of electric cargo stations. Funds have also been developed to improve ultra-speed communication networks and data storage facilities. P>