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Nigel Johnson
euronews
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Comments by "Nigel Johnson" (@nigeljohnson9820) on "EU announces financial 'firepower' of 1.85 trillion with 750 billion for COVID recovery" video.
@Just_another_Euro_dude the UK and the US don't expect to be given money by the markets. According to the eu 2/3 of the money they borrow is going to be grants, free from pay back. How?
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The markets are not going to give the EU 500 billion Euros, so these so called grants are going to need to be paid back with interest. So who is going to pay?
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So grants are money that is given without any requirement to pay it back. Where is this money coming from and who is providing it?
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