Sweden says "no" to EU corona grants

2:59 min

Three-quarters of a trillion euros have been proposed by the EU Commission to deal with the economic damage of the corona pandemic. It's backed by France and Germany, but all EU countries would need to vote yes, and Sweden currently says "no".

Sweden's EU minister Hans Dahlgren tells us that the current proposal announced Wednesday afternoon is not acceptable and they want EU action based on lending, not giving money.

Swedish journalist Ylva Nilsson, who has been following Sweden's relationship with the EU before the union even existed, says that this Nordic nation does tend to always start by saying no, but that there are reasons why currently Sweden and its allies - Denmark, Netherlands and Austria - are in a weaker position than usual.

Listen to the report to hear more.