Europe 'will not just go back to business as usual soon,' top EU leader says

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The European Commission President on Wednesday outlined a plan to fund European recovery from the coronavirus pandemic, while warning that 'we will not just go back to business as usual soon.'

“We have had economic slowdowns before but we have never had an economic shutdown like the last three months,” President Ursula Von der Leyen said during an address to the European Parliament in Brussels on Wednesday.

That will give European lawmakers full scrutiny over how the money is managed and spent. Parliamentarians expressed concern last week over using rules where the Parliament would only “be informed” of decisions made on the recovery funds.

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