WORLD Germany ratifies 750-bn-euro EU virus recovery fund

WORLD

Germany ratifies 750-bn-euro EU virus recovery fund

AFP

18:04, March 26, 2021

Germany on Friday ratified an enormous 750-billion-euro ($885-billion) EU coronavirus recovery fund, breaking its taboos against debt pooling among members of the bloc to drag the continent back onto the path of growth.

File photo: CFP

After the lower house of parliament approved the fund on Thursday, the upper house Bundesrat greenlit it on Friday.

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