EU must borrow to fund its own recovery – Kelleher

The EU will need to fund a trillion euro recovery programme to mitigate against a rising wave of discontent across the European Union due to Covid 19. That’s the warning from the Fianna Fail MEP Billy Kelleher.

He says the European Commission should have the power to raise funds over and above the contributions that come from the EU member states themselves. Those monies could then be spent on much-needed projects to help save EU economies from severe recession.

The European Parliament will vote this week on a resolution calling for a range of ambitious measures for the EU’s covid-19 recovery plan.

Here’s Billy Kelleher.

Out words: again

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