WORLD

EU Nations Approve A Dozen Pandemic Recovery Plans

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European Commission President Ursula von der Leyen, right, welcomes Austrian President Alexander Van der Bellen at EU headquarters in Brussels, Tuesday, July 13, 2021. (Pascal Rossignol, Pool Photo via AP)

(AP) — European Union nations have approved the pandemic recovery plans of the bloc’s four biggest economies and eight other member countries.

The approval given Tuesday is seen as a bellwether for an economic revival from the unprecedented recession caused by the coronavirus pandemic. It will allow a dozen of the EU’s 27 members to start unlocking funds for the pre-financing of projects that are intended to put Europe on more solid economic footing while also making it greener and more digitally advanced.

The nations include the EU’s economic juggernauts, France, Germany, Italy and Spain, as well as Austria, Belgium, Denmark, Greece, Latvia, Luxembourg, Portugal and Slovakia.

 

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