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Spanish PM Pedor Sanchez and EU council president Charles Michel (before social distancing, at last October's EU summit) (Photo: Council of the European Union)

Spain seeks trillion-size fund in EU recovery feud

The Spanish government will propose on Thursday to other EU governments a €1.5 trillion recovery fund, backed by perpetual debt, to finance the recovery of countries worst-effected by the coronavirus.

Madrid wants economic measures that help EU economies without increasing public debt, according to a three-page document revealed by El Pais newspaper on Monday and c...

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Author Bio

Eszter Zalan is a Hungarian journalist who worked for Brussels-based news portal EUobserver specialising in European politics, focusing on populism and Brexit.

Spanish PM Pedor Sanchez and EU council president Charles Michel (before social distancing, at last October's EU summit) (Photo: Council of the European Union)

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Author Bio

Eszter Zalan is a Hungarian journalist who worked for Brussels-based news portal EUobserver specialising in European politics, focusing on populism and Brexit.

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