Europe to increase strategic investment in value chains
(VOVWORLD) - EC President Ursula von der Leyen on Wednesday proposed to the European Parliament a COVID-19 recovery package that includes new investment, solvency, and health plans, and proposals to raise new EU revenues.
EC president Ursula von der Leyen (Photo: Reuters) |
At a meeting in Brussels, Von der Leyen shared the “main characteristics” of a recovery package worth over a trillion dollars to restore the European economy after the pandemic.
She said a new Strategic Investment Facility will be created to encourage investment in more resilient value chains to become less reliant on global supply chains.