The same in other media
18.04 - 07:13
EU fiscal response to cornavirus pandemic taking shape after shaky start
Reading now: 876
Slowly but surely the EU is trying to reshape the narrative on the coronavirus emergency. Today the European Commission pledged to mobilise €100 billion in soft loans to help companies hold on to workers as much as possible, so that when the health crisis subsides they won't find themselves bereft of the staff needed to get order books filled and products quickly out to market.
Every new initiative is now coded to emphasise the exit strategy. All the evidence suggests that once laid off workers start to become long-term unemployed, it becomes very hard to get them back into the labour market.
The EU is desperate for this to be a V-shaped crisis - a sudden economic shock followed by a sharp recovery. That imperative is informing the
Read more on rte.ie
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
COVID-19
United States
|
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
|
India
|
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
|
Brazil
|
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
|
United Kingdom
|
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
|
Russia
|
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
|
