Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, July 21, 2020

EU recovery fund includes R&D and nuclear decommissioning : Covid-19 - World Nuclear News

EU recovery fund includes R&D and nuclear decommissioning : Covid-19 - World Nuclear News: At the end of a five-day special meeting of the European Council, EU leaders reached agreement today to jointly borrow EUR750 billion (USD862 billion) to respond to the coronavirus pandemic. The EU's recovery fund, to be composed of EUR390 billion in grants and EUR360 billion in loans, will be attached to a new EUR1.074 trillion seven-year budget, the Multiannual Financial Framework (MFF). This brings the total financial package to EUR1.82 trillion.

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