The European Union (EU) has announced a new economic stimulus package worth €1.85 trillion to help member countries recover from the financial impact of the COVID-19 pandemic. The package includes both the EU budget and a recovery fund, with a focus on supporting regions that have been hit hardest by the crisis. The initiative aims to boost investment, create jobs, and foster economic growth across the EU. The stimulus package is seen as a crucial step in rebuilding the European economy and ensuring a strong and sustainable recovery.


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