FACTBOX-European fiscal stimulus plans to tackle crisis

Newswire

Nov 26 (Reuters) - Massive stimulus plans to drive the world out of recession took centre stage on Wednesday with the European Commission approving a 200 billion euro ($260 billion) spending plan across the 27-nation bloc. Below are some details of stimulus plans in Europe: * EUROPEAN UNION -- The European Commission approved on Wednesday proposals for an EU-wide fiscal stimulus package worth 200 billion euros ($260 billion). -- The proposal amounted to 1.5 percent of the bloc's ...

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