The European Commission has urged EU governments to jointly combat the economic slowdown with a 200 billion euro stimulus package (26.11.2008) je 18

The European Commission has urged EU governments to jointly combat the economic slowdown with a 200 billion euro stimulus package. If fully enacted, the European Economic Recovery Plan would see the 27 EU governments spend 1.5 percent of the bloc's gross domestic product over the next two years to halt the slowdown that has already pushed some European nations into recession.