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EU leaders unblock EU budget, recovery fund in deal with Poland, Hungary – Metro US

EU leaders unblock EU budget, recovery fund in deal with Poland, Hungary

FILE PHOTO: EU flags flutter outside the EU Commission headquarters
FILE PHOTO: EU flags flutter outside the EU Commission headquarters in Brussels

BRUSSELS (Reuters) – European Union leaders unblocked on Thursday a 1.8 trillion euro financial package to help the economy recover from the pandemic-induced recession after reaching a compromise with Poland and Hungary, the chairman of EU leaders Charles Michel said.

“Deal on the MFF and Recovery Package. Now we can start with the implementation and build back our economies. Our landmark recovery package will drive forward our green & digital transitions,” Michel said on Twitter.

(Reporting by Jan Strupczewski)