Foreign

EU recovery fund must set tough conditions, promote joint targets: Finnish PM

Published

on


Finnish Prime Minister Sanna Marin said Tuesday that the would-be EU recovery fund must set tough conditions to recipient countries.


“It must promote the joint targets EU countries have committed themselves to,” Marin said in an interview with the Finnish news agency STT.

She listed green growth, digitalization, competitive edge and rejuvenation of industries as some of the conditions of the recovery fund for EU countries that suffer from the COVID-19 crisis.

Regarding whether the assistance could be in the form of loans or direct support, Marin repeated the Finnish stand that “each country must take responsibility of its loans,” but added that when the economic environment has been so significantly changed due to the COVID-19 crisis, “there must be preparedness to talk about new kinds of solutions.”

She however said she had endorsed the loan approach in a recent phone call with Ursula von der Leyen, the president of the European Commission.

The prime minister said the “new instruments must be transparent and clearly defined,” noting that Finnish parliament will ultimately decide the country’s participation and the kind of instruments acceptable to Finland.

Last week, France and Germany suggested a 500-billion-euro fund for helping EU countries to curb the negative impact of COVID-19 crisis, based on grants and common borrowing. The so-called “frugal four” — Denmark, Austria, the Netherlands and Sweden — which focused on loans, instead of grants, later criticized the idea.

(XINHUA)

https://nnn.ng/eu-recovery-fund-must-set-tough-conditions-promote-joint-targets-finnish-pm/

I was in the best of forms before Tokyo Paralympics was postponed, powerlifter Ejike says Edo Election: NSCDC deploys 13, 311 personnel for security operations Edo election: Carry people with disabilities along — CCD Military air raids hit bandits’ hideout, kill scores in Kaduna forest NSE All-Share Index rebounds 0.16% Malnutrition: Agency harps on prevention to fight scourge Police investigate alleged murder of 18-month-old baby in Plateau Lagos bye election :I’ll honour my predecessors’ legacies, says Abiru Ings not interested in leaving Saints, Southampton manager says FG, LASG inaugurates Eko MSME Fashion Hub-1 Niger SUBEB inaugurates 13-member appeal panel to implement staff audit report NITDA, Nigerian Army to collaborate on simulation centre development Ogun workers call off warning strike FAAC: FG, states, LGs share N682 bn for August  Flood: Kebbi governor lauds President Buhari for ministerial delegations FCE Kontagora appeals to TETFund for more interventions Hotels in Benin booked up ahead of Edo Governorship election UN urges Belarus to grant entry to UN rights expert Court remands pastor in Correctional Centre over alleged N.7m fraud  Military‘ll hunt Darul Salam terrorists group into extinction soon- DHQ Kabba monarch urges traditional institutions, others, to partner to combat rape Edo 2020: Group tells electorate to reject inducement Father, 60, remanded for allegedly raping daughter, 22 Rep commends Buhari over assent to 2020 Police Act 1.7m to vote in Edo as voters abandon 483,000 cards in INEC office — Record SDGs: Nigeria to mobilise NYSC members, ICONIC Leaders to champion implementation at grassroots — Buhari Gov. Sule approves recruitment of 246 medical personnel YouTube to host virtual music hangouts with top Nigerian stars FG empowers 720 women, youths in Auchi NEMA urges Osun Govt. to take proactive measures against flood Anambra police command probes alleged murder of mother, 2 kids WTO leadership race: Okonjo-Iweala, 4 others advance to second round of election Sustain Ihedioha’s blueprint on sports development, administrator urges Imo governor United States Embassy in Afghanistan warns of extremists’ Attacks on women Kaduna Govt. challenges teachers to write books, be innovative ICPC intensifies anti-corruption campaigns in Sokoto, others   Floods: NEMA reactivates Humanitarian Coordination Forum in Kogi, urges residents to brace up for flooding NGO calls for increased awareness to address VVF prevalence in Nigeria COVID-19: Plateau research team develops herbal cure Plateau Govt. spends N366m to combat COVID-19 Waste managers call for increased budgetary allocation to environmental sector NGO attributes social vices to broken homes 2020 Maltina School Games: Lagos Govt. rewards 37 students Coronavirus: Biden says Trump trusted less than Russia’s Putin, China’s Xi Up to 1,000 fans  to watch Italian Open Sweden’s statements on Navalny potentially breaching chemical weapons convention – Lavrov Visa Ban: Kogi government writes United States LCCI begins virtual edition of ICTEL Expo EU executive signs contract for up to 300m Covid-19 vaccine doses Optimal breastfeeding, complementary feeding will prevent malnutrition in children – UNICEF