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750 billion euros recovery fund
The European Union flag and the German flag are flying on the German Parliament Building in Berlin. On June 5438+0, Germany officially took over the rotating presidency of the European Union from Croatia and started a six-month rotating presidency. Although the European CDC reminds people? Is the COVID-19 epidemic far from over? But what about Germany? Take it? There is no doubt that it is an EU with a stable epidemic. At the same time, however, member countries are still far from reaching an agreement on how to get out of the unprecedented economic recession caused by the epidemic. During the 2008-2009 financial crisis, Germany took the lead in getting out of the predicament and became the locomotive of European economic recovery. Now as the EU's economic aggregate, population and the number of seats in the European Parliament, how will Germany lead the EU out of the crisis? In the first half of 2020, the economies of EU countries were generally hit by the COVID-19 epidemic. The latest World Economic Outlook issued by IMF predicts that the euro zone economy will experience a 10.2% recession this year. Even in Germany, which has been relatively successful in dealing with the epidemic in Europe, there have been large-scale layoffs in head enterprises including Lufthansa and BMW. While Germany is trying to lead the EU to adopt stimulus policies to revive its economy, it is rare for Germany to give up its resolute opposition to the EU for many years? * * * With debt? This position. 18 in may, Merkel and French president Macron proposed to set up a 500 billion euro project? Recovery fund? Help the EU economy get back on track. Subsequently, on the basis of this initiative, European Commission President Ursula von der Leyen further proposed an economic recovery plan with a total amount of 750 billion euros, including the implementation of 500 billion euros of free grants and 250 billion euros of loans. However, Germany's recovery fund was opposed by Austria, the Netherlands, Sweden and Denmark, which are also members of the European Union. Whether EU countries can reach an agreement on the recovery fund within July, as urged by Macron on June 29th, will be the first problem to be solved after Germany takes over the rotating presidency of the EU.