The four largest economies in the euro area - Germany, Spain, France and Italy - will submit their national recovery plans simultaneously, on Wednesday 28 April, as part of the Next Generation EU Recovery Plan, German Finance Minister Olaf Scholz and French Finance Minister Bruno Le Maire announced at a joint press conference the day before.
“Germany is successful only if Europe is successful too”, Mr Scholz said.
With an overall budget of €28 billion, of which €25.6 billion comes...