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The EU budget for recovery increases funds for a stronger Europe in the world
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The EU budget for recovery increases funds for a stronger Europe in the world

02 June 2020
As part of the revised long-term EU budget 2021-2027 package, the European Commission has proposed a budget of €118.2 billion for external action, with an additional €15.5 billion to support its partners in recovery efforts in the wake of COVID-19 pandemic, in line with the European Union's role of a strong global actor.Another €1 billion is foreseen for the European Fund for Sustainable Development (EFSD) from the current EU budget for an…

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