Conditionality battle heats up for EU recovery fund

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Conditionality battle heats up for EU recovery fund

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a multiple exposure of some piles of euro coins and a flag of the European Union | nito - stock.adobe.com

A European Union recovery fund proposal is expected to be presented to a summit of European leaders on July 17-18. Its size is to remain unchanged from a proposed €500bn of grants and €250bn of loans, but the EU budget is likely to be slimmed down, according to sources.

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