The European Union (EU) has agreed to allocate a €750 billion recovery fund in response to the economic impact of the COVID-19 pandemic. The fund will be used to provide loans and grants to member countries, with a focus on supporting regions that have been hardest hit by the crisis. The agreement comes after weeks of negotiations between EU leaders, and is seen as a significant step towards economic recovery for the bloc.
Source
Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.
