Dividing in the European Union: A proposal of 750 billion to reclaim the fallen economy
European Union leaders are discussed using video technology to build the economy, which has been hit by the global epidemic of the new coronavirus. A fund of 750 billion euros (US $ 840 billion) has already been proposed. However, some Northern European leaders have expressed their displeasure with the EU Commission proposal and a split within the European Union. The focus will be on finding a total of 500 billion in funding for the countries most affected by the new coronavirus, particularly Italy and Spain. This is why some countries have expressed their dislike for the EU plan. Sweden, Denmark, Austria and the Netherlands have expressed their displeasure. These countries have expressed their reluctance to Financial grants instead of loans. There is also a split within the EU over the proposed 1.1 trillion EU budget. German Chancellor Angela Merkel and French President Emmanuel Macron support the European Commission's plan.
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