"Today, we agreed on three safety nets and a plan for the recovery to ensure we grow together and not apart once the crisis is behind us," Mario Centeno, the Portuguese finance minister who runs the so-called eurogroup meetings, told reporters.
All of it needs approval by government leaders as early as next week, and tensions persist. With several key divisions papered over on Thursday, disagreements are likely to resurface when leaders are called to sign off. While the virus's reach has been indiscriminately global, most countries have acted alone and in their own interests. Europe's more frugal north is pitted against Italy and Spain, the worst-affected countries, in a climate of mistrust and simmering resentment.
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