29 May 2020 --- The European Commission has unveiled a €750 billion COVID-19 recovery plan to revitalize the EU economy. European Commission President Ursula von der Leyen views the recovery plan as an opportunity to invest in the European Green Deal, which was recently reinforced with a new Circular Economy Action Plan that considers mandatory plastic requirements for recycled content and waste reduction measures for key products such as packaging. Several key packaging industry players, including Tetra Pak and Plastics Recyclers Europe (PRE), previously voiced their support for an EU recovery plan that prioritizes the building of circular economies.
