In global COVID-19 developments, European Union (EU) leaders agreed to a massive financial package to revive member country economies as surging cases in the Americas pushed the global total closer to 15 million.The world's COVID-19 total climbed to 14,774,887 with, and 611,599 deaths reported from the disease, according to the Johns Hopkins online dashboard.EU relief a mix of grants and loansAt a contentious summit that lasted nearly 5 days, EU leaders today agreed on an $857 billion recovery fund and a related $1.27 trillion budget over the next 7 years, Reuters reported.
The financial package is a mix of grants and low-interest loans that will help the region through its pandemic recession.The negotiations were marked by friction between