27 July 2020
As the coronavirus wrecks our lives and livelihoods, the EU has, for the first time in our history, taken action as one by acquiring a huge loan, in order to pass on the money to those worst affected by the virus. Many thought it was impossible, yet our community fought hard to demand what was needed as soon as the crisis hit.
Massive amounts of money will soon be transferred - so massive our economies could start to move from the ‘old’, to the ‘new’. From a model that upholds unequal healthcare, air pollution, the destruction of nature and our climate, to a model that is green and fair.
Sadly, the deal agreed upon by our leaders does not support a truly green recovery. The fight is not over -- but we only have a few months to turn things around. We will fight for governments receiving the money to make their investments green and social. We will pressure EU leaders to only approve transformative plans, and push back on measures that will require austerity. We will call for the loans to be paid back by taxes on the biggest corporations, who today often pay less tax than citizens.
Read our full report on Europe's recovery plan HERE!