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France, Germany plan billions in pandemic recovery spending
Italian Premier Minister Mario Draghi sips water at the end of his address at the Senate in Rome, Tuesday, April 27, 2021. Italian Premier Mario Draghi is presenting a 222.1 billion euro ($268.6 billion) coronavirus recovery plan to the Seante. The plan is aiming to not only bounce back from the pandemic but enact "epochal" reforms to address structural problems that long predated COVID-19.(AP Photo/Gregorio Borgia, Pool)

Italian Premier Minister Mario Draghi sips water at the end of his address at the Senate in Rome, Tuesday, April 27, 2021. Italian Premier Mario Draghi is presenting a 222.1 billion euro ($268.6 billion) coronavirus recovery plan to the Seante. The plan is aiming to not only bounce back from the pandemic but enact "epochal" reforms to address structural problems that long predated COVID-19.(AP Photo/Gregorio Borgia, Pool)

Apr. 27, 2021 10:15 AM EDT
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German Chancellor Angela Merkel arrives for the weekly cabinet meeting of the German government at the chancellery in Berlin, Tuesday, April 27, 2021. (AP Photo/Markus Schreiber, Pool)

German Chancellor Angela Merkel arrives for the weekly cabinet meeting of the German government at the chancellery in Berlin, Tuesday, April 27, 2021. (AP Photo/Markus Schreiber, Pool)

Apr. 27, 2021 04:26 AM EDT
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A billboard shows the results of the lawmakers' vote on the Italian Premier Mario Draghi's coronavirus recovery plan, at the Chamber of Deputies, in Rome, Tuesday, April 27, 2021. Draghi is presenting a 222.1 billion euro ($268.6 billion) coronavirus recovery plan to Parliament, aiming to not only bounce back from the pandemic but enact “epochal” reforms to address structural problems that long predated COVID-19. Writing from top reads in Italian "Present 512, voting 461, did not vote 51, majority 231, in favor 442, contrary 19, Approved" (Roberto Monaldo/LaPresse via AP)

A billboard shows the results of the lawmakers' vote on the Italian Premier Mario Draghi's coronavirus recovery plan, at the Chamber of Deputies, in Rome, Tuesday, April 27, 2021. Draghi is presenting a 222.1 billion euro ($268.6 billion) coronavirus recovery plan to Parliament, aiming to not only bounce back from the pandemic but enact “epochal” reforms to address structural problems that long predated COVID-19. Writing from top reads in Italian "Present 512, voting 461, did not vote 51, majority 231, in favor 442, contrary 19, Approved" (Roberto Monaldo/LaPresse via AP)

Apr. 27, 2021 08:16 AM EDT
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Italian Premier Minister Mario Draghi prepares to address the Senate in Rome, Tuesday, April 27, 2021. Italian Premier Mario Draghi is presenting a 222.1 billion euro ($268.6 billion) coronavirus recovery plan to the Seante. The plan is aiming to not only bounce back from the pandemic but enact "epochal" reforms to address structural problems that long predated COVID-19.(AP Photo/Gregorio Borgia, Pool)

Italian Premier Minister Mario Draghi prepares to address the Senate in Rome, Tuesday, April 27, 2021. Italian Premier Mario Draghi is presenting a 222.1 billion euro ($268.6 billion) coronavirus recovery plan to the Seante. The plan is aiming to not only bounce back from the pandemic but enact "epochal" reforms to address structural problems that long predated COVID-19.(AP Photo/Gregorio Borgia, Pool)

Apr. 27, 2021 09:41 AM EDT
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Italian Premier Minister Mario Draghi addresses the Senate in Rome, Tuesday, April 27, 2021. Italian Premier Mario Draghi is presenting a 222.1 billion euro ($268.6 billion) coronavirus recovery plan to the Seante. The plan is aiming to not only bounce back from the pandemic but enact "epochal" reforms to address structural problems that long predated COVID-19.(AP Photo/Gregorio Borgia, Pool)

Italian Premier Minister Mario Draghi addresses the Senate in Rome, Tuesday, April 27, 2021. Italian Premier Mario Draghi is presenting a 222.1 billion euro ($268.6 billion) coronavirus recovery plan to the Seante. The plan is aiming to not only bounce back from the pandemic but enact "epochal" reforms to address structural problems that long predated COVID-19.(AP Photo/Gregorio Borgia, Pool)

Apr. 27, 2021 09:51 AM EDT
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