What we know of Commission’s pandemic economic recovery plan

EU stimulus package would produce at least €1trn of support, says European Commission president Ursula von der Leyen. Picture: AP

A huge stimulus package to kick-start the EU economy once the pandemic ends is likely to feature a mix of loans and grants and be underpinned by private sector investments.

The package, which could be worth several trillion and is linked to the EU budget, is being drafted by the executive Commission for review by the bloc’s leaders by around mid-May.