New taxes could pay for EC’s €750 billion recovery plan

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New taxes could pay for EC’s €750 billion recovery plan

Mattias Cruz Cano
May 27 2020
Cash for the EC's proposal will come from tax

The European Commission (EC) has proposed a recovery plan for the EU to tackle COVID-19 through a fund worth €750 billion ($825 billion), which could be paid for by new taxes.

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