The European Union (EU) has announced a new economic stimulus package in response to the ongoing economic challenges caused by the Covid-19 pandemic. The €750 billion recovery fund is the largest ever proposed by the EU and is aimed at helping member countries recover from the economic impact of the pandemic. The package includes both grants and loans, with a focus on supporting green and digital initiatives. The EU hopes that the stimulus package will help boost economic growth and create jobs across the region.


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