GREECE TO SPEND A PART OF EUROPEAN RECOVERY FUNDS ON DIGITAL AND GREEN PROJECTS

Highlights:

• The government of Greece has been is going to spend a big part of the European Union recovery funds on the digital and green projects
• The deputy finance minister of Greece said that, 58 percent of the grants, will be investing in the renew...

EU LEADERS REACH ON AN AGREEMENT OVER COVID – 19 RECOVERY PLAN

Highlights

• 390 billion euros will be distributed in the form of grants 
• Member states will develop a plan on investment of new funds 

Following talks in Brussels over new fiscal stimulus, the 27 European Un...

EU LEADERS GATHER TO DISCUSS COVID – 19 FUND

Highlights

• The discussion is over the possible ways to mitigate the economic shock from the COVID – 19 
• Since the pandemic started, Friday marks the first face-to-face meeting 

There has been disagree...

ANGELA MERKEL VOICES CONCERN OVER THE ECONOMIC CRISIS IN THE EUROPEAN UNION

Highlights

• European Union leaders clashed over a recovery fund
• Leaders have different views on several factors including the criteria for money allocation

On a discussion over a recovery fund for the countries hit hardest by the coro...

EUROPEAN STOCK MARKET GAINS STEADY DUE TO POSSIBLE EU RECOVERY FUND

Highlights –

• EU may have a possible joint recovery fund budget for its bloc members.
• The European share market saw a steady rise for the same.
• The STOXX 600 index is set to end the week higher on Friday.
• The pan-European ST...

EU PLANS TO PROPOSE A JOINT BUDGET TO FIGHT COVID-19

Highlights –

• EU leaders plan to propose a joint budget and recovery fund for COVID-19.
• EU leaders will discuss the stimulus plan via video conference from 0800 GMT.
• The aid would be distributed mainly among worst-hit nations.
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JAPAN’S CONFECTIONARY BRAND EXTENDS HELP TO AUSTRALIAN WILDLIFE

Highlights:

• Australia was ravaged by bushfires for the better part of January and resulted in wildlife injuries and deaths
• Lotte’s Koala March sold in Japan, has set up links for donation to Australian wildlife recovery

Austral...