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EU Recovery Fund ‘Too Slow And Complicated’, Says French Minister (FT)

EU

France has called on the EU to overcome "blockages" to ensure faster disbursement of its €750bn recovery fund to member states, and said the coronavirus pandemic will require re-evaluating eurozone fiscal constraints. "I see there are blockages and that all this is too slow, that we need to accelerate and that if we want to emerge from the economic crisis in the best conditions, the European money must arrive as quickly as possible," Bruno Le Maire, French finance minister, told the Financial Times in an interview on Tuesday.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
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