13 billion euros from the EU to support employment in 6 member countries

European Union (EU) Fee, ready due to the epidemic “Period” introduced that support was offered to 6 member countries that made a request inside the scope of the employment safety program.

In the assertion, 4 billion 60 million euros to Spain, 2 billion 470 million euros to Eire, 2 billion 200 million euros to Belgium, 1 billion 870 million euros to Italy, 1 billion 400 million euros to Poland to be used in the employment packages of countries. It was reported that 1 billion euros got to the Czech Republic and 1 billion euros.

(*13*)SO FAR 75.5 BILLION EURO RESOURCES HAVE BEEN PROVIDED TO 17 COUNTRIES

In the assertion, which said that the monetary support in query will contribute to the public expenditures made to shield employment in member countries due to the epidemic, it was famous {that a} complete of 75.5 billion euros have been offered to 17 countries inside the scope of the program to this point.

With the employment support program ready due to Kovid-19, member countries gave a complete of 25 billion euros mortgage assure to the EU Fee, relying on the dimension of their economies.

(*13*)FUND RECEIVED FROM CAPITAL MARKETS

With the stated assure, the EU Fee collected funds from the capital markets. With a complete of 100 billion euros, the EU Fee has began to present long-term loans with favorable circumstances to be used in short-term work packages and wage support packages to member countries.