(Worthy News) – Finance ministers fell short of agreement Tuesday night on an EU-wide strategy to fight an economic slump caused by the coronavirus.
Ministers met by videoconference to discuss further EU measures, sought by some governments to reassure investors and others that the bloc would find a common response to the virus shutting down economic activity.
Southern European countries had hoped ministers would agree on new credit lines from the eurozone’s bailout fund or creating special EU “corona bonds” to fund the economic fight. Countries including the Netherlands and Germany resisted the ideas. [ Source: Politico (Read More…) ]
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