European finance ministers are set to adopt the recovery plans of 12 EU states on Tuesday, including those of Italy, Spain and France, paving the way for the first disbursements of EU grants and loans to boost investments. Ministers in a meeting in Brussels are expected to give their green light to the plans prepared by Austria, Belgium, Denmark, France, Germany, Greece, Italy, Latvia, Luxembourg, Portugal, Slovakia and Spain, EU officials said, in what will be the first batch of approvals. Plans from the remaining 15 EU countries of the EU, include Malta’s, will be assessed at a later stage.
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