EU Heads of State have tasked the European Commission with shaping a collective recovery response to COVID-19 and its aftermath.
The Commission will now embark on a mission to thoroughly assess economic ramifications of the crisis.
It has been agreed that the vast majority of investments in this recovery plan should go towards funding investments that will ultimately improve the European Union’s resilience and autonomy whilst respecting avant-garde policies such as the European Green Deal and the digital transition.
The EU’s next long-term budget needs to also adapt to these new, extraordinary circumstances as the EU prepares to generate the necessary investment tools for the future.
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