• Home
  • News
  • Covid-19 - EU Commission proposes EUR 750 bn recovery instrument -Tarek Tranberg Head of Public Affairs & Policy EACT

Covid-19 - EU Commission proposes EUR 750 bn recovery instrument -Tarek Tranberg Head of Public Affairs & Policy EACT

28 May 2020 2:00 PM | Michele Fogarty (Administrator)

The European Commission (EC) has formally proposed a new recovery instrument with a size of €750 billion for the EU to help with the economic recovery from the pandemic. This instrument will be attached to the next multi-annual European budgetary programme – the so-called Multiannual Financial Framework (MFF).

This comes on top of the emergency support measures – the ESM credit lines and the unemployment reinsurance scheme, and European Investment Bank guarantee funds – worth around € 540 billion.

You can find the press release here.

The proposal for the so-called “Next generation EU” fund can be found here

READ MORE>>>


Evening Meeting:

USEFUL LINKS 

European Association of Corporate Treasurers (EACT) https://eact.eu/

International Group of Treasury Associations (IGTA) http://igta.org

CONTACTS

info@treasurers.ie
+353 1 610 8574 
Address: PO Box 10104, Lucan, Co Dublin

SHARE


Copyright © IACT2020

Powered by Wild Apricot Membership Software