EU Recovery Plan 'excellent Sign', Italy's Conte Says

EU recovery plan 'excellent sign', Italy's Conte says

Rome, (UrduPoint / Pakistan Point News - 27th May, 2020 ) :Italian Prime Minister Giuseppe Conte on Wednesday hailed a proposal by the European Union's chief for a 750-billion-euro post-virus recovery fund as "an excellent sign from Brussels".

"It goes in the direction indicated by Italy. 500 billion in grants and 250 billion in loans is a fair amount. Now let's speed up the negotiations and release the resources soon," he said on Facebook.