'Europe's Moment' - EU proposes costly recovery plan for squabbling continent

BRUSSELS (Reuters) - The European Union's executive unveiled a 750 billion euro (673 billion pounds) plan on Wednesday to prop up economies hammered by the coronavirus crisis, hoping to end months of squabbling over how to fund a recovery that has exposed faultlines across the 27-nation bloc.Under the proposal, which could still be blocked by more frugal northern nations, the European Commission would borrow the funds from the market and then disburse two-thirds in grants and the rest in loans..