EU unity required for Croatia to receive its €10bn in aid

by   CIJ News iDesk VII
2020-05-29   12:56

If the European Commission's proposal for financing the recovery from the crisis caused by the coronavirus pandemic is adopted, Croatia and Greece would be the biggest beneficiaries of financial aid. The EC's proposal would provide Croatia with slightly more than €10bn of the €750bn on offer. Of that total €7.36bn would come through grants while €2.65bn would be in the form of loans. However, this program must first be voted on by the EU parliament. The package will consist of grants and loans for each EU member state. The commission called the plan a "next-generation EU" but it could be scuppered if any one of the 27 member states opposes the plan.