The European Union (EU) has approved a €750 billion ($883 billion) recovery fund to help its member states cope with the economic fallout from the COVID-19 pandemic. The fund will be financed through joint borrowing and will be distributed as grants and loans to countries within the EU. This move marks a significant step towards closer economic integration within the EU, and is seen as a historic moment for the bloc.
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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.
