The European Commission has succeeded in raising € 20 billion in financial markets to start funding its € 750 billion stimulus plan aimed at overcoming the economic consequences of the pandemic.
A first
“
Today, we have successfully conducted the first bond issue operation
” to finance the NextGenerationEU plan.
“
The Commission raised € 20 billion on the financial markets via a 10-year bond.
It is the largest operation
”of this type ever carried out in Europe, declared Tuesday the president of the institution, Ursula von der Leyen.
More information to follow ...
