EU Leaders Reach Historic Agreement On €750 billion Covid Recovery Fund

It forms part of a €1.8 trillion EU budget and was agreed overnight following lengthy negotiations ongoing since Friday.

It’s reported €390 billion of the pandemic recovery fund will go to member states in the form of grants, and €360 billion in loans.

Speaking following the announcement, Taoiseach Micheal Martin says it’s a good deal for Ireland and Europe:


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