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Europe Daily Bulletin No. 12497

3 June 2020
EU RESPONSE TO COVID-19 / External action
Commission wants to increase investment for post-Covid-19 recovery in non-Member States to €130 billion
Brussels, 02/06/2020 (Agence Europe)

In the revised proposal for the EU’s multiannual external action budget - €118.2 billion for 2021-2027, including €15.5 billion of new funds under the recovery plan(see EUROPE B12494A1) - the main innovation is the increase of the guarantee for investments in non-Member States to €10.5 billion to help these countries cope with the economic and social impact of the crisis linked to the Covid-19 pandemic.

The European Commission also proposes increasing the humanitarian budget by €5...

Contents

EU RESPONSE TO COVID-19
SECTORAL POLICIES
EXTERNAL ACTION
SECURITY - DEFENCE
ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
SOCIAL AFFAIRS
NEWS BRIEFS