June 15, 2020 / 2:42 PM / a month ago

EU recovery package 'robust enough' to tackle crisis, says Portugal's PM

FILE PHOTO: Portugal's Primer Minister Antonio Costa speaks during a news conference on coronavirus disease (COVID-19) at Ajuda palace in Lisbon, Portugal March 18, 2020. REUTERS/Rafael Marchante

LISBON (Reuters) - Portugal’s Prime Minister Antonio Costa said on Monday the European Commission’s recovery plan, worth 750 billion euros (£673 billion), is robust and balanced enough to tackle the economic impact caused by the coronavirus outbreak.

“Our opinion is the Commission’s proposal is timely and smart,” Costa told a news conference with foreign journalists in Lisbon. “It is robust enough to respond to this crisis. It is balanced.”

Reporting by Sergio Goncalves, Catarina Demony, editing by Andrei Khalip

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