Home Business Europe needs at least 500 bln euros from EU institutions for recovery... Business Europe needs at least 500 bln euros from EU institutions for recovery – ESM By Genpie - April 19, 2020 92 0 Facebook Twitter Google+ Pinterest WhatsApp Europe will need at least another 500 billion euros from European Union institutions to finance its economic recovery after the coronavirus pandemic, on top of the agreed half-a-trillion package, the head of the euro zone bailout fund said.