Ireland will benefit significantly from a €500bn Covid-19 recovery fund, according to an MEP
France and Germany have agreed to provide the money to EU countries who've been badly affected by the crisis.
European Council president Charles Michel says it's 'a step in the right direction'.
Fine Gael MEP Seán Kelly expects Ireland to get a large portion of the money.
"€500bn is more than most people would have expected, and I think it will be wonderful because most of it will be in the form of grants through the EU budget to member states, and that as just what was needed.
"I think that solidarity will do enormously well or the European Union as a project, and the image of the EU as well, and I think it will be very good for Ireland."
