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Next Generation EU (NGE): The Commission’s Covid-19 recovery package

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The European Commission has proposed a €750 billion package of grants and loans to aid the EU’s recovery from Covid-19. Iain Begg explains that much will now depend on whether the proposal can secure the backing of the so called ‘Frugal Four’ of Austria, Denmark, the Netherlands and Sweden. ‘Solidarity is back’, according to Manfred Weber (leader of the centre-right […]

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