About: http://data.cimple.eu/news-article/63f8f5e9e2aa8ff1b48eaf4c40eb4251af59fa334eb82b509230c1ce

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About: http://data.cimple.eu/news-article/63f8f5e9e2aa8ff1b48eaf4c40eb4251af59fa334eb82b509230c1ce Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	EU chief Ursula von der Leyen on Friday urged member states to accelerate ratification of a key part of the bloc's 750-billion-euro ($900-billion) plan to recover from the impact of the coronavirus. "This should be our common aim: by mid-year, we should be able to disperse the first funds," she told a media conference after the European Council of member states and the European Parliament gave their signatures to the mechanism conceived in a July summit. The overall scheme, called "New Generation EU", consists mainly of a 672.5-billion-euro "recovery and resilience facility" that relies on an unprecedented pooling of debt to provide grants and loans to EU countries. The money has to go to priorities backed by the EU, particularly with an emphasis on making economies "greener". Other priorities include boosting digital transformation, social cohesion and better health care. To allow the commission to borrow from financial markets, member states have to ratify an "own resources decision" allowing their contributions to go towards the pooled instrument. Only six of the 27 EU countries have so far ratified it. "It's in the interest of the member states themselves to speed up this process as fast as possible," von der Leyen said. Portuguese Prime Minister Antonio Costa, present alongside her because his country holds the rotating EU presidency, called the recovery and resilience facility "a vitamin to boost economic recovery". He said the other path to Europe bouncing back was Covid-19 vaccinations, which he said had to be sped up. Von der Leyen, criticised in recent weeks for the slow pace of jabs in the EU and a shortfall in promised vaccines, said the main "bottleneck" was "the capacities to manufacture at scale". Nevertheless, she said, the commission was holding to its goal of seeing 70 percent of adults in the EU inoculated by "the end of the summer". By that she specified that she meant by "the 21st of September", not the end date of August originally advanced last month by her vice president, Margaritis Schinas. bur-rmb/arp/har
schema:headline	EU countries urged to speed ratifications for virus rescue
schema:mentions	European Council European Parliament Antonio Lopez-Fitzgerald House of Leyen Prime Minister of Italy Ebola virus disease Ursula von der Leyen European Union Portugal Coronavirus Coronavirus disease 2019 Margaritis Schinas ARP Instruments Presidency of the Council of the European Union Von der Leyen Commission Digital transformation
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-02-12 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	82 (xsd:integer)

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