EU recovery package 'robust enough' to tackle crisis, says Portugal's PM

Portugal's Prime Minister Antonio Costa said on Monday the European Commission's recovery plan, worth 750 billion euros ($845 billion), is robust and balanced enough to tackle the economic impact caused by the coronavirus outbreak. "Our opinion is the Commission's proposal is timely and smart," Costa told a news conference with foreign journalists in Lisbon.

Portugal's Prime Minister Antonio Costa said on Monday the European Commission's recovery plan, worth 750 billion euros ($845 billion), is robust and balanced enough to tackle the economic impact caused by the coronavirus outbreak.

"Our opinion is the Commission's proposal is timely and smart," Costa told a news conference with foreign journalists in Lisbon. "It is robust enough to respond to this crisis. It is balanced."

($1 = 0.8872 euros)