A woman wearing mouth mask, to prevent against the spread of the coronavirus, COVID-19, walks past EU headquarters in Brussels, Thursday, May 7, 2020.

Video. EU's financial 'firepower' is 1.85 trillion with 750bn for COVID fund

Of the 750 billion euro recovery fund, the 500 billion euros would be given to EU countries as grants, the remaining 250 billion euros would be available as loans."