EU PAINT AND COATING INDUSTRY OFFERED COVID-19 FINANCIAL LIFELINE BY EUROPEAN COMMISSION PANDEMIC ECONOMIC RECOVERY FUND
June 2nd, 2020
CONSTRUCTION projects likely to generate major purchases of paints and coatings are likely to be a focus of a new ‘Next Generation EU’ budget commanding EUR750 billion between 2021 and 2024, financed by borrowing through bond issues against European Union (EU) direct revenues from sources such as import duties. The goal is to help the EU economy recover from the deep slump that has been provoked by the Coivid-19 crisis. European Commission is to direct these funds against EU priorities, such as cross border infrastructure development, through grants and ...
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