EU exec to propose trillion euro recovery grants and loans

BRUSSELS (Reuters) - The European Commission will present a pandemic recovery plan next week that will exceed 1 trillion euros in a mix of grants and loans, Executive Vice President Valdis Dombrovskis said on Tuesday.Dombrovskis, speaking after a meeting of EU finance ministers, welcomed a proposal by France and Germany for a 500 billion euro fund to disburse grants to worst-hit regions and sectors.[nL8N2D14WE]But he said the Commission would be bolder."Our ambition is not to increase the..