EU Commission plans 81 billion in loans for short-time work schemes
The European Union Commission has planned to pay out billions of euros as loans for workers affected by the corona virus pandemic, as part of the EU's recession recovery plan.
EU leaders strike deal on historic coronavirus stimulus package
After a marathon summit with long negotiations, European Union leaders finally struck a deal for a recovery stimulus plan and a long-term budget.
EU leaders agree to link funds to rule of law
EU leaders have for the first time agreed to link payment of funds to a member state with respect for the bloc's legal norms -- though Poland and Hungary say they blocked tougher planned measures
EU’s virus recovery plan: historic but imperfect
The 750-billion-euro coronavirus recovery deal struck by EU leaders may be a historic landmark, but analysts are already warning it comes with substantial flaws
Five things to know about the EU virus recovery plan
The European Union's 27 member states emerged from an intense four-day and four-night summit brandishing a huge coronavirus recovery plan and a trillion-euro long-term budget
EU leaders cautiously optimistic deal on virus recovery fund in sight
European Union leaders are currently having major talks for a shared economic stimulus package to recoup the damage caused by the coronavirus pandemic for the fourth day in a row. An agreement seems difficult to reach.
Battle ahead for EU’s 750-bn-euro recovery plan
European Union chief Ursula von der Leyen has proposed a 750-billion-euro post-virus recovery fund for Europe and urged sceptical member states to back it.
Europe’s ‘historic’ recession threatens eurozone survival
The EU has forecast that the eurozone economy will contract by a staggering 7.7 percent in 2020, warning the wreckage from the coronavirus outbreak could endanger the single currency
Brexit punches 12-bln-euro hole in EU finances
When Britain leaves the EU at midnight on Friday the bloc will lose the second-biggest net contributor to its budget, leaving a 12-billion-euro ($13-billion) hole in its finances
Budget battle hampers EU in space
Space is becoming increasingly militarised and European satellites are under-protected, experts have warned, voicing dismay at cuts proposed in the EU's draft budget