Franco-German recovery grants idea a 'historic step' - Le Maire
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BRUSSELS (Reuters) - The Franco-German idea that the European Union should borrow to issue grants for its economic recovery is a historic step as it would be the first time that budget spending is financed through EU debt, French Finance Minister Bruno Le Maire said."This is a historic step for France and Germany and also a historic step for the whole European Union because it is the first time when France Germany stand together to have funding through debt for the spending of EU countries," he..