TTD Stock – EU Commission approves Luxembourg’s 93 mln euro recovery plan
BRUSSELS, June 18 (Reuters) – The European Commission approved on Friday Luxembourg’s 93 million euro plan of recovery after the pandemic and of transformation into a greener and more digitalised economy.
The scheme will be financed from EU grants until 2026. Once the plan is also approved by EU finance ministers in July, Luxembourg will be able to get 12 million euros in pre-financing for projects foreseen under the plan. (Reporting by Jan Strupczewski)