After the Covid-19 pandemic took a serious chunk out of EU economies in 2020, the bloc is betting on massive public spending projects to haul them out of the crisis and into a brighter future.
The whole package is known as "Next Generation EU". It's worth €800 million in total across the 27 member states and will be handed out as a mix of loans and grants.
As well as rebooting the EU's economies, the aim is to achieve certain green and digital objectives, with a certain proportion of the money ring-fenced for each.