Italy Spain city Brussels virus economy Government crisis Italy Spain city Brussels

European nations struggle to agree on terms of economic aid

Reading now: 945
www.clickorlando.com

BRUSSELS – European governments remained at loggerheads Wednesday over measures to help the economy weather the coronavirus outbreak, breaking off a meeting of finance officials who clashed over aid conditions and a proposal to borrow together to pay for the health crisis.

Finance ministers from the 19 countries that use the euro haggled into the night for 16 hours by videoconference starting Tuesday.

The meeting ended without a deal is to resume Thursday. European governments are scrambling to put together hundreds of billions of euros to save lives as well as companies and families from going bankrupt.

Many countries hit hardest by the virus are also those that can least afford the costs, like Italy and Spain. But they are divided over

Read more on clickorlando.com
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.

Related News

DMCA