France's Le Maire says too much time lost for EU recovery plan

The European Union has lost too much time rolling out its 750 billion euro recovery fund since it was approved last July, French Finance Minister Bruno Le Maire said on Tuesday. "We were very efficient last year in the adoption of the European Recovery Plan and on the decision on common debt issuance.


Reuters | Paris | Updated: 27-04-2021 18:35 IST | Created: 27-04-2021 18:35 IST
France's Le Maire says too much time lost for EU recovery plan
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The European Union has lost too much time rolling out its 750 billion euro recovery fund since it was approved last July, French Finance Minister Bruno Le Maire said on Tuesday.

"We were very efficient last year in the adoption of the European Recovery Plan and on the decision on common debt issuance. Since then, we have lost too much time. China has resumed its growth, the US is booming, the EU must remain in the race," Le Maire said at a joint press conference with this German counterpart.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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