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4/11, 3:18 PM (Source: TeleTrader)
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Beaune: EU requires more ambitious recovery plan

The European Union should expand its €750 billion recovery plan, French European Affairs Minister Clement Beaune (pictured) stated on Sunday.

"The economic response has to be more ambitious," the official said, asserting that the bloc should double the fund's resources.

Earlier, European Central Bank member Francois Villeroy de Galhau warned that the rollout of the EU's recovery plan is going too slow.

Breaking the News / MD