EU official: Aiming to launch EU recovery fund at start of 2021 in best case scenario
![EU official: Aiming to launch EU recovery fund at start of 2021 in best case scenario](https://www.ekathimerini.com/wp-content/uploads/2021/01/kom-thumb-large-thumb-large--2-thumb-large.jpg)
The European Union is aiming to launch a recovery fund on Jan 1, 2021 in the best case scenario, an EU official said on Thursday.
Spain has proposed the creation of a fund of up to 1.5 trillion euros ($1.62 trillion) financed by perpetual debt.
[Reuters]