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EU wants to mobilize 750 billion euros to help European economy recovery: n-tv

BERLIN (Reuters) - The European Commission wants to mobilize 750 billion euros ($821.33 billion) for the economic recovery of Europe after the coronavirus crisis, German broadcaster n-tv on Wednesday cited sources in Brussels as saying.

Of those 750 billion euros, 500 billion will be non-repayable grants while 250 billion euros will be loans, it reported the sources as saying.

Reporting by Michelle Martin; Editing by Riham Alkousaa

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