November 25, 2020
Business News

The EU is deadlocked over its proposed $860 billion coronavirus rescue package, as a group of ‘frugal’ na.. – Markets Insider

Reuters

  • The European Union’s top leaders remain deadlocked over the size and scope of a proposed rescue deal for the bloc as it responds to the COVID-19 downturn.
  • An originally proposed 750 billion euro ($860 billion) plan has failed to kick off as leaders continue to debate components of the fund.
  • The fund was reportedly meant to include 500 billion euros in grants and 250 euros billion in loans.
  • However, the amount of money given in grants has been a major stum…

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