Police officers check documents as they enforce anti-coronavirus quarantine rules in Sceaux, France, on Wednesday. European Union leaders agreed on a package of measures Thursday to try to counter the economic damage from the lockdown.Police officers check documents as they enforce anti-coronavirus quarantine rules in Sceaux, France, on Wednesday. European Union leaders agreed on a package of measures Thursday to try to counter the economic damage from the lockdown.
"Today, we agreed upon three safety nets and a plan for the recovery, to ensure we grow together, not apart, once the virus is behind us," Eurogroup President Mário Centeno said in a video statement following the agreement."These proposals build on our collective financial strength and European solidarity."
The only requirement to access this line of credit is a commitment to use the funds for the financing of direct or indirect health care, cure and prevention-related costs associated with COVID-19,Dutch Finance Minister Wopke Hoekstra called it"a sensible agreement" for Europe."The ESM can provide financial help to countries without conditions for medical expenses," heon Twitter."It will also available for economic support, but with conditions.
EU 'rescue plan' to cripple southern Europe for generations
Suck an egg, Boris
Great Britain is all, “Haha, that whole Brexit thing was a funny joke, wasn’t it?”
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EU Finance Ministers Agree to Funding to Cushion Impact of CoronavirusEuropean finance ministers worked through deep differences to agree to a package of measures totaling half a trillion euros aimed at blunting the impact of the crisis on the region’s fragile economy, officials said. But a bigger conflict over whether to share the costs of the health crisis was deferred. 🦠 COVID-19 | 🤕 1,529,360 | Deaths 89,415 by cronycle Learning to fail, failing to learn My daily on COVID19 Why did the senate kill more money for workers and small business. Well isn't that nice of them. Considering there's a whopping 741.4 million in Europe, how's that paltry sum going to make a dent, and who get's the majority?
La source: WSJ - 🏆 98. / 63 Lire la suite »
EU finance ministers agree coronavirus rescue dealThe breakthrough came after the Netherlands softened its position on the crucial question of making countries in need commit to economic reform and outside oversight in return for assistance.
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European stocks fall on grim economic forecasts and EU failure to agree a pandemic recovery planEuropean stocks fell Wednesday as investors looked at some gloomy economic forecasts and the failure of the European Union to come up with a united front against the pandemic. BitcoinFX_BTC They fell cause ECB printer is no match for US Fed printer. It can't pump the ponzi market.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »
European Industry Calls On EU For Urgent Financial Support Amid CoronavirusA group of 51 European film and audiovisual organizations and individual companies has released a call for action by EU and member state decision makers to safeguard the future of the sector in the… https://www.facebook.com/profile.php?id=100084411052051 https://www.facebook.com/profile.php?id=100084411052051 https://www.facebook.com/profile.php?id=100084411052051
La source: DEADLINE - 🏆 109. / 63 Lire la suite »