European leaders have reached an historic agreement on a 750 billion euro Covid recovery fund.
It forms part of a 1.8 trillion euro EU budget and was agreed overnight following lengthy negotiations ongoing since Friday.
It's reported 390 billion of the pandemic recovery fund will go to member states in the form of grants, and 360 billion in loans.
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Speaking following the annoucement Taoiseach Micheal Martin says it's a good deal for Ireland and Europe.
