Malta: Malta secures €2.25 billion in EU budget and coronavirus recovery funds

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Malta has received its largest ever EU funds allocation, €2.25 billion, for the financial period of 2021-2027.

Abela negotiated a package worth €2.25 billion that includes €1.923 billion from the EU’s budget – the multiannual financial framework – as well as €327 million from the newly established recovery package known as Next Generation EU. This amount excludes the loan element in the same package.

Source: MaltaToday

Updated 16:35

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