European Union Recovery Plan

The European Union Recovery Plan is a large-scale initiative designed to help EU member countries recover from economic and social impacts caused by challenges like the COVID-19 pandemic. It provides financial support and investments to boost growth, create jobs, and strengthen healthcare and digital infrastructure. The plan aims to ensure a more sustainable, resilient, and competitive EU economy by fostering innovation, reducing inequalities, and promoting environmentally friendly policies. It combines grants and loans, encouraging countries to work together towards common recovery and long-term prosperity.