European Commission President Ursula von der Leyen on Wednesday unveils a revamped EU budget plan intended to power an economic recovery from the coronavirus crisis.
Von der Leyen presents her plan to the European Parliament in Brussels in the early afternoon before holding a press conference later in the day.
The plan will form the basis for negotiations between EU member countries, which have clashed over how much recovery funding the bloc should provide and whether it should be in the form of loans or grants.
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