Jonny Fry

Apr 16, 2020

1 min read

Will UK have to pay a share of the latest €500 billion covid-19 rescue plan agreed by EU Finance Ministers?

2min video https://youtu.be/mO5GGldSw04

EU finance ministers in total have announced another €500 billion in aid to support struggling EU economies
What % of the aid the EU has announced form part of the ‘reste a liquider’ (RAL)
UK was contributing to the RAL according the FT approximately 12% of EU spending between 2014–2018 so has it just incurred a further €60billion?
This link shows the size of the stimulus governments are pumping in to their…