Echoing von der Leyen, the President of European Parliament David Sassoli said "our citizens expect bold action. Now it is time for us to deliver."
But Sassoli underlined the importance to revise the recovery plan in some ways. "Parliament is keen to stress that any common debt issued must be repaid fairly, without burdening future generations," he said.
On May 27, the European Commission proposed borrowing 750 billion euros (838 billion U.S. dollars) in its name from the financial market to help the world's largest trading bloc recover from a recession due to the coronavirus pandemic.
To pay for the recovery proposal, Brussels anticipates creating new own resources from taxes on large businesses, technology companies and carbon emissions, which could also be politically difficult.
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