Following the enlarged Eurogroup on Friday 15 May (see EUROPE B12488A1), EU Finance Ministers continued their discussions on the European emergency response to the Covid-19 pandemic and the proposal for a European Recovery Fund, which the European Commission will unveil on Wednesday 27 May together with its revised proposal for a Multiannual Financial Framework (MFF) 2021-2027.
Several Member States, notably southern European countries such as Spain and Italy, have welcomed the Franco-German...