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The European Union (EU) announced today that it has approved a $750 billion stimulus package to help member countries recover from the economic downturn caused by the COVID-19 pandemic. The package is the largest ever proposed by the EU and will provide grants and loans to countries in need. The funds will be used to invest in green technologies, digital infrastructure, and other projects to boost economic growth and create jobs. The approval of the stimulus package comes after months of negotiations among EU member states, and is seen as a major milestone in the bloc’s efforts to support the recovery of its economy.



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