Sunday, 27th November 2022
<To guardian.ng
Search

EU clinches historic deal on €750 billion recovery fund

By France24
21 July 2020   |   12:46 pm
European leaders have finally reached an agreement on the bloc's next long-term budget and a Covid-19 recovery fund. Northern and southern countries found a compromise on the proportion of grants to be included in the stimulus package by offering increased budget rebates to the "frugal" countries. The frugals also managed to get an emergency brake instrument into the deal – it means that if other member states think one country isn't spending its aid money wisely, they can hit pause on payments while they review how the money is being used.

Related

11 Feb
French teachers' unions called Monday for a second major strike this week to protest the government's Covid testing and isolation protocols, which they say are severely disrupting classes.
10 Feb
Prince Charles, the Prince of Wales, has tested positive for COVID-19 for a second time and is now self-isolating.
17 Feb
Social media users are claiming that hospitals are using extremely realistic human dummies passing as fake Covid-19 patients. Their intention would be to show an increase in Covid-related hospitalisations. We sort the fact from the fake.
21 Feb
An estimated 10 million jobs were lost in the creative industries in 2020 due to the Covid-19 pandemic, according to a report from the United Nations' cultural agency UNESCO. The organisation estimates that shutdowns and other restrictions incurred a loss of $750 billion to the global economy. The UN body is calling for better social protection for workers in the arts, many of whom lost their income for long periods during the pandemic. We discuss the report's findings with UNESCO's Berta de Sancristóbal.
12 Mar
Quickly cutting off energy revenues with oil and gas embargoes would hit Moscow where it hurts. But European leaders have argued for a phased approach, openly admitting their dependency on Russian energy supplies.
16 Mar
Stock markets in Shanghai and Hong Kong slumped on Tuesday, as investors fear the impact of the latest Covid-19 lockdowns on China's economy. Nearly 30 million people are now living under restrictions in the country, including in the technology manufacturing hub of Shenzen. Also today, Volkswagen has suspended production of vehicles at some plants in Germany over a shortage of parts that are supplied from Ukraine.
20 Mar
The Bundestag lifted the requirement to wear a mask in most places, despite a record number of coronavirus infections. The move has been criticized by the opposition Christian Democatic Union.
26 Mar
Baky Meïté is a former captain of the Ivory Coast rugby team. Back in the spring of 2020, he put his rugby career on hold to work as a janitor in a geriatric hospital in Paris. He has now published a book, "Les Chiffons Bleus", as a tribute to his former colleagues who appear somewhat forgotten today. He joined us for Perspective.
2 Apr
After Shanghai recently reported a new daily record for asymptomatic coronavirus infections, the city is locking down in two stages. It's the biggest step taken in the Chinese metropolis since the Covid-19 pandemic began more than two years ago. But some residents are complaining that the cost of China's strict aggressive zero-Covid strategy has become too great. We take a closer look.
12 Apr
Lagos State Commissioner of Health, Dr. Akin Abayomi speaks to GuardianTV on how Lagos fought the deadly Coronavirus disease (COVID-19). An infectious disease caused by the SARS-CoV-2 virus that killed millions of people all around the world including Lagos.
11 May
Posts on social networks have propagated the theory, based on claims by French doctor Didier Raoult, that vaccination has increased Covid-19 infections. FRANCE 24’s Georgina Robertson and Sophie Samaille look at some of the statistics and investigate in this week's show.
13 May
State media in North Korea has reported the deaths of six people with a "fever" a day after officials confirmed the country's first COVID-19 infection. More than 180,000 people are said to be isolated for treatment.