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May 28, 2020

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Europe's Moment – EU proposes costly recovery plan for squabbling continent

Market NewsBy Samuel ObayomiMay 28, 2020

Recovery plans are part of the main drivers of the European union (EU) economy. The European Union’s executive unveiled a 750 billion euro recovery plan, while the EU’s long-term budget for 2021-27 is proposed to be 1.1 trillion Euros ($1.21 trillion).EU countries have agreed on 500 billion Euros of immediate rescue aid and plan worth…

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