On Wednesday 27 May 2020, the European Commission presented its recovery package. The 750 billion euros package is composed of 500 billion euros of grants and 250 billion euros of loans on top of the Multiannual Financial Framework (MFF). The European Green Party welcomes the fact that the European Commission has taken a bold step towards a mutualised debt instrument through the proposed Next Generation EU recovery package. Greens have been standing united in our call for a solution based on solidarity and debt mutualisation since the beginning of the crisis and we will continue to advocate for this, including at the national level, both where we are in government and in opposition.    

Both regarding the recovery package and the MFF proposals, the ambition of the European Commission remains below that of the European Parliament. The Greens recall that the recovery must be closely aligned with the European Green Deal. Despite the reassuring words of President Von der Leyen during her speech, the proposal remains blurry to that regard.  

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