June 4, 2020 / 1:41 PM / a month ago

Finland rejects proposed EU recovery package in current form

HELSINKI, June 4 (Reuters) - Finland’s government said on Thursday it would reject the European Commission’s proposal for a recovery package in its current form.

The 27 EU member states are due to discuss on June 19 a recovery proposal from the bloc’s executive to raise an unprecedented 750 billion euros ($845 billion) of debt to top up joint spending to 1.1 trillion euros in 2021-27.

$1 = 0.8878 euros Reporting by Anne Kauranen; Editing by Mark Potter

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