The EU has put forward proposals for a "Next Generation" rescue package worth some €750bn in borrowing to bankroll the continent's recovery efforts. Ursula von der Leyen, president of the European Commission, described the package as "an urgent and exceptional need for an urgent and exceptional crisis." Addressing the European parliament, von der Leyen said: "Things we take for granted are being questioned. None of that can be fixed by any single country alone. This is about all of us and it is way bigger than any of us." French president, Emmanuel Macron, called it "an essential d...
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