The European Union allocated 85 855 billion to fight Corona

Brussels, Ta. Tuesday, July 21, 2020

After four days of marathon talks, the leaders of the 27 countries of the European Union reached an agreement on the Corona relief package. The European Union allocated 85 855 billion. EU leaders hailed the fund as historic and said it was made possible by the unity of the bloc. The fund will provide assistance to Corona-affected countries for seven years.

EU leaders agreed after four days of negotiations to allocate a matabar relief package to combat the Corona crisis. Negotiations took place between the leaders of 27 countries.

At one point, France, the Netherlands, Hungary and Austria opposed the fund. France even threatened to withdraw from the process, but eventually all countries agreed to a 85 855 billion fund after Angela Merkel's persuasion. Countries that are more coronary will get more help.

Spain and Italy will benefit the most from this fund. Different member countries will be given budgets as needed to fight the Corona. A period of seven years has been fixed for this assistance, but the period may be changed if necessary.

Angela Merkel responded by saying that extraordinary efforts are needed for extraordinary creation. The duration of these negotiations was very difficult, but was negotiated. This decision will be very important for the allies and citizens of the European Union. This was a historic event.

French President Emmanuel Macro called the agreement "historic and unprecedented" and said the last four days had been "very stressful", but that the decision would be a great relief to EU citizens. This agreement once again marked the unity of the countries of the European Union.