FILE PHOTO: European Council President Charles Michel speaks during a news conference in Ankara, Turkey April 6, 2021. REUTERS/Cagla Gurdogan
PARIS (Reuters) - The European Union's COVID-19 recovery response is robust and does not fall short when compared with the United States' $1.9 trillion recovery plan, European Council President Charles Michel told Les Echos newspaper.
EU member states agreed last summer on a 750 billion euro ($892.2 billion) recovery fund, but with governments still submitting detailed spending plans, frustration is growing in some capitals at the slow speed of disbursing the money.
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