Home / Market Update / EU Commission Unveils Plan to Raise up to EUR800 Billion to Fund The Recovery

EU Commission Unveils Plan to Raise up to EUR800 Billion to Fund The Recovery

The European Union (EU) Budget Commissioner Johannes Hahn unveiled on Wednesday, a strategy to raise up to EUR800 billion in debt for recovery fund, which is expected to be repaid by 2058.


“EU to use a diversified funding strategy to raise as much as EUR800 billion until 2026.”

“Borrowing to include green bonds, EU bills.”

Check Also

Bitcoin Faces Continued Pressure Amid Fed’s Hawkish Stance

Bitcoin traded marginally lower on Monday, reflecting ongoing caution among investors as macroeconomic uncertainties and …