FACTBOX-EU Commission's economic stimulus package

Newswire

Nov 26 (Reuters) - The European Commission proposed an economic stimulus package on Wednesday to help fight recession caused by the global financial crisis. Following are its main elements: * Fiscal boost to be "timely, targeted and temporary" and amount to 200 billion euros ($259.8 billion), or 1.5 percent of the EU's gross domestic product; * Commission urged member states to commit some 170 billion to the package, while some 30 billion is to come from EU sources, such as the ...

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