A Radical Plan, and $2.6 Trillion, Brings Europe Back From Abyss

New European Union plan would herald unprecedented integration
Under strain, EU leaders hope the proposal will unite the bloc

Watch: Richard Saldanha, fund manager for global equity income at Aviva Investors, discusses the EU’s 2.4 trillion-euro stimulus package to help tackle the worst recession in recent memory. (Source: Bloomberg)

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By Ian Wishart

May 27, 2020 at 12:39 PM EDT

Updated on

May 28, 2020 at 12:00 AM EDT

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The European Union has stepped back from the brink. Again.

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