Europe Plans for br Trillion-Euro Fund br to Rebuild Economy European Union leaders have agreed to br establish a fund to help regional economies br impacted by the coronavirus pandemic. EU leaders,br via statement Officials at the European Commission have been br asked to draft proposals “urgently,” detailing how br the recovery fund will factor into the br bloc’s 2021-2027 budget. The EU plans to expand br its budget from 1.2 to 2 of br Gross Domestic Product (GDP). The EU leaders signed off on a package br of immediate rescue measures worth br $538 billion earlier this month.