EU leaders to take step to joint financing of post-pandemic recovery

BRUSSELS (Reuters) - European Union leaders will move on Thursday towards joint financing of a recovery after the COVID-19 pandemic by asking the European Commission to propose a fund sufficiently big for the job that targets the most affected sectors and regions.Many leaders see the massive joint recovery financing as a crucial tool of EU solidarity as some in the 27-nation bloc will have a harder time than others regaining their economic footing after the deepest-ever EU recession this..