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THURSDAY 28 MAY 2020 • ISSUE 60
WWW.BUSINESSTODAY.COM.MT
MASSIMO COSTA
CLOSE to €1 billion to help the economy recover
from the effects of the coronavirus could be giv-
en to Malta under new proposals put forward by
the European Commission, EU sources have told
BusinessToday.
e funds, which would be distributed in the
form of grants and loans, would be part of a €750
billion COVID-19 rescue package for the EU,
which would sit on top of the €1.1 trillion Euro-
pean budget for the 2021-2027 period.
e proposals for a major recovery plan - dubbed
Next Generation EU - to counter the coronavirus'
economic impact, were unveiled by Commission
President Ursula von der Leyen on Wednesday.
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Editorial PAGE 5
SOLIDARITY, BALANCE AND PROPORTIONALITY
€992 million: EU's COVID-19
recovery package for Malta
Turning Malta into
an AI powerhouse
Air Malta cabin
crew to maintain
jobs after making
concessions in
negotiations
PAGE 3
Nightclubs keen to
reopen with social
distancing rules
Lower music volumes and a lounge-style
experience could allow clubs and bars to
reopen, but distancing will be key
Malta could receive close to €1 billion in funds to recover from
impact of coronavirus as part of €750 billion EU rescue package
Ursula von der Leyen addressing the extraordinary Plenary
of the European Parliament
