The European Union (EU) has approved a budget plan that includes a historic €750 billion recovery fund to help countries bounce back from the economic impacts of the COVID-19 pandemic. This fund is aimed at supporting sectors and regions that have been hit the hardest by the crisis. The plan also includes new taxes to help repay the debt incurred from this stimulus package. The approval of this budget marks a significant step towards economic recovery for EU member states.
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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.
