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Coronavirus: Von der Leyen calls €750bn recovery fund 'Europe's moment'

The package will be made up of grants and loans for every EU member state

A recovery fund worth €750bn (£670bn; $825bn) has been proposed by the EU's executive Commission to help the EU tackle an "unprecedented crisis", said Commission President Ursula von der Leyen.

Also in the programme: A Vancouver court ruled that fraud charges against senior Huawei executive Meng Wanzhou in the United States would constitute a crime in Canada, opening the way for her extradition; and UK’s Prime Minister Boris Johnson has ruled out an inquiry into the conduct of his top adviser Dominic Cummings at the height of lockdown.

(Photo: European Commission President Ursula von der Leyen addresses the Plenary of the European Parliament on a new proposal for the EU"s joint 2021-27 budget. Credits: Reuters)

53 minutes

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  • Wed 27 May 202020:06GMT

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