The European Union has approved a €750 billion recovery fund to help member states recover from the economic impact of the Covid-19 pandemic. This fund is a significant step towards economic recovery and stability for EU countries. The fund will be distributed as grants and loans to member states based on their needs and economic conditions. This decision comes after months of negotiations between EU leaders and demonstrates a united effort to support countries hardest hit by the pandemic. The recovery fund will play a crucial role in helping EU countries build back their economies and move towards a path of growth and stability.
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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.