The head of the European Commission, Ursula von der Leyen, has urged huge investments in the EU budget amid the coronavirus crisis. Spain’s premier, too, wants a “wartime economy” followed by a recovery program.
European Commission President Ursula von der Leyen has called on EU nations to invest billions in the bloc’s budget to avert catastrophic economic consequences from the current coronavirus crisis.
“We need a Marshall Plan for Europe,” she wrote in a guest article for the paper Welt am Sonntag, referring to the recovery program put in place by the US from 1948-1952 to help Western European economies after World War II.
