EU Economic Recovery Fund New Proposal to Reduce Percentage of Subsidies at 6:55 July 21
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The EU=European Union is discussing on the 4th day a plan to establish a fund of more than 90 trillion yen in Japanese yen in order to rebuild the economy that was hit hard by the spread of the new coronavirus. While the gaps between countries around the allocation of funds have not been filled, EU President Michelle has proposed to each country some changes in order to overcome the situation.
The EU has held a summit meeting at its headquarters in Brussels, Belgium from the 17th, discussing plans to establish a fund of 750 billion euros (over 90 trillion yen) in order to rebuild the economy that was hit hard by the spread of infection. doing.
The original plan was to allocate EUR 500 billion, or two-thirds of EUR 750 billion, to member countries as a subsidy that does not require repayment, and leave the rest as a loan. Urged to reduce the subsidy rate, and talks are difficult.
For this reason, in the discussion on the 20th, which has been extended by two days from the original schedule, President Michelle of the EU, chairman of the EU, proposed a new plan that changed the allocation of funds, and is trying to break the situation. ..
The plan says that the subsidy will be reduced from the initial 500 billion euros to 390 billion euros, and it is said that the Netherlands, which has claimed the reduction, and France, which has urged the agreement on the original plan, are in a loose form. It has become.
However, both sides are not ready to make compromises, and it is uncertain whether they will be able to come up with a new plan.