About This Source - FRANCE 24 English
The video item below is a piece of English language content from France 24. France 24 is a French state-owned international news television network based in Paris.
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FRANCE 24 English published this video item, entitled “EU gives green light to Spanish, Portuguese recovery funding” – below is their description.
The EU has approved spending plans by the Spanish and Portuguese governments, clearing the way for them to receive money from the bloc’s €750bn recovery fund. But how will the emergency funding work – and how will it be paid back? Also in the show, the Federal Reserve brings forward its timetable for interest rate hikes, as US inflation continues to rise.FRANCE 24 English YouTube Channel
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The European Union (EU) is a political and economic union of 27 member states that are located primarily in Europe. Its members have a combined area of 4,233,255.3 km² and an estimated total population of about 447 million.
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In This Story: France
France is a republic and the largest Western European nation. Through expansion and colonisation in the 17th and 18th centuries France became a great power and still retains territories around the world. It has a seat on the UN security council and is the world’s fourth most wealthy country with a high standard of living and strong cultural identity.