The European Union (EU) has announced a new stimulus package to boost its economy amidst the ongoing pandemic. The €750 billion recovery fund, named Next Generation EU, aims to support countries hit hardest by the crisis. This package includes €390 billion in grants and €360 billion in low-interest loans for member states to help rebuild their economies. The EU is hoping that this stimulus will jumpstart economic growth and create new jobs across the region.
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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.