Spotlight: European Commission proposes borrowing landmark recovery fund, in "Europe's moment"

Ursula von der Leyen, president of the European Commission, proposes a major recovery plan during a plenary session of the European Parliament in Brussels, Belgium, May 27, 2020 The European Commission on Wednesday proposed borrowing 750 billion euros (826 billion U.S. dollars) in its name from the financial market to help the world's largest trading bloc recover from a recession owing to the coronavirus pandemic. (European Union/Handout via Xinhua)