Germany and France proposed the creation of a € 500 billion EU economic recovery fund

Germany and France propose creating a fund for the restoration of the European economy.

Germany and France proposed the creation of a € 500 billion EU economic recovery fund

This was announced at a press conference by German Chancellor Angela Merkel after negotiations with French President Emmanuel Macron. The politicians did not provide details of the policies, but specified that the volume of such a fund would be € 500 billion.