Italy reportedly will get €82 billion in grants under EU proposal - official

Author: Justin Low | Category: News

Bloomberg with the headline, citing an EU official on the matter

  • Spain to be granted €77 billion in grants
  • France to be granted €39 billion in grants
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That will see Italy claim just a little over 16% of the €500 billion proposed, with Spain set to receive just over 15% of the share of the pie.

Meanwhile, Reuters is reporting that Italy will also get €91 billion in loans under the proposal. Spain will be getting €63 billion in loans as well.

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