Posts tagged as billion

EUR 2.9 billion planned for Latvia from EU fund

Thursday, May 28, 2020

The European Union (EU) Economic Recovery fund earmarked EUR 2.9 billion in grants for Latvia, which is three times more than previously expected, reported Latvian Television and Latvian Radio on May 27. The European Commission (EC) offers a European recovery fund of EUR 750 billion to mitigate consequences of COVID-19 crisis. Of these, 500 billion will be grants to Member States, whereas 250 billion will be loans. As previously reported, …