European Commission To Propose $1.2 Trln Budget Through 2027 - Reports

Faizan Hashmi Published May 27, 2020 | 04:40 PM

European Commission to Propose $1.2 Trln Budget Through 2027 - Reports

MOSCOW (UrduPoint News / Sputnik - 27th May, 2020) The European Commission will propose an EU budget of 1.1 trillion Euros ($1.2 trillion) for 2021-2027 later on Wednesday, Politico outlet reported citing a commission document.

The commission is also reportedly expected to propose allocating additional 750 billion euros to mitigate the impact of the coronavirus.

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