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President of the European Council, herstelfonds make way for investments

Charles Michel, the president of the European Council, is that it is coronaherstelfonds of room for future investments in Europe. This is stated by the Council

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President of the European Council, herstelfonds make way for investments

Charles Michel, the president of the European Council, is that it is coronaherstelfonds of room for future investments in Europe. This is stated by the Council president on Saturday in the Frankfurter Allgemeine Zeitung.

Michel, to defend this, the herstelfonds of 750 billion euros of European leaders on the night of Monday to Tuesday reached a political agreement. The herstelfonds should be to support member states in the recovery of the coronacrisis.

The European Parliament has allowed itself to be critical of Michel, and the herstelfonds.

Members of the european parliament, essentially, that the Belgian Council presidency to ensure that the billions which are in the first instance, was reserved for things like digital innovation, a klimaatbestrijding and Erasmus (higher education), due to the herstelfonds were to be reduced.

as The emergency package and offers, according to Michel, however, was the opportunity to make a lot of money to be borrowed, and the rest of Europe and to modernise it.

in Addition, about 30 per cent of the herstelfonds and the European union's budget to be used for the klimaatbestrijding. Moreover, it is underlined that the Council, in the German-language newspaper, that there was more money to be invested in the Erasmus programme.