During the discussion of the new European Union funds to support the Union citizens and help them overcome the energy crisis, German Chancellor Olaf Schultz once again made reference to the projects that are actually in existence.
“It is obvious that we must work together to address the current issues, and all European Union countries must be able to provide for the needs of their citizens, but since Corona, there have already been two major support programs available: the re-fund European reconstruction for the next generation, a project that has not yet received 80% of the funds allotted to it, and the European Union Re-power program, which is used for infrastructure and renewable energy and can be
According to Schultz, this trend is indicated by the decisions made by the European Council this week, therefore Europe is “better off not putting it during the Corna crisis.”
To lessen the impact of the Corona crisis on the economy and European society, the European Union opted to borrow money jointly.
Paulo Gentiloni, the Economic Commissioner for the European Union, has advocated for a similar strategy during the energy crisis.
During the discussion of new boxes to assist European citizens, Schultz makes references to earlier initiatives.
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