The European Commission has proposed a massive €750bn (£670bn; $825bn) recovery fund to help the EU tackle an “unprecedented crisis”.
The package will be made up of grants and loans for every EU member state.
Economies across the 27-nation EU bloc have been ravaged by the Covid-19 pandemic, but several southern states had big debts even before the crisis.
Some countries – among them Austria, the Netherlands, Denmark and Sweden – are opposed to taking on debt for other countries, and think the relief should come as low-interest loans rather than cash handouts.
EU chief Ursula von der Leyen will have to win over these sceptical member states to push the plan through.
Source:Â bbc.com