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European leaders fail to agree stimulus package
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EU leaders have failed to reach agreement on a major stimulus package for the European economy in the light of the coronavirus emergency, following a six-hour video conference.
Differences over the scope and nature of a financial rescue package prevented unanimous agreement. Instead EU leaders have asked eurozone finance ministers to keep working on proposals for a rescue plan with a deadline of two weeks.
In a statement tonight EU leaders were keen to emphasise the things they did agree on. These include ensuring that border closures don't hamper the flow of vital goods and services throughout the single market, a move to prevent any restrictions on the supply of medical equipment between member states, boosting research money in the quest
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