'Europe's Moment': EU lays out costly rescue for squabbling bloc

BRUSSELS (Reuters) - The European Union's executive unveiled a 750 billion euro (674 billion pounds) plan on Wednesday to prop up economies hammered by coronavirus, hoping to end months of squabbling over how to fund a recovery that exposed faultlines across the 27-nation bloc.The blueprint received an initial positive reaction from Paris, Berlin, Rome and Madrid, as well as the European Parliament, and the chairman of EU leaders said they should aim to finalise an agreement before the summer..