State Aid State Aid

EUR750 billion EU Covid-19 recovery plan aims to smooth market distortions, push climate goals (*update)

By Michael Acton and Giulia Bedini
  • 27 May 2020 07:17
  • 27 May 2020 10:26
A 750 billion-euro recovery plan for the EU's pandemic-hit economy was announced by the European Commission today aimed at addressing competitive imbalances caused by national governments differing spending power and boosting the bloc’s green and digital objectives (see here).

The commission, which wants to start borrowing on behalf of member states, is banking not

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