Eurozone finance ministers are expected to agree to use Europe's bailout fund to help support economies stricken by the coronavirus pandemic.
However, during a video conference later this afternoon they are expected to stop short of agreeing to pool European debt through so-called coronabonds, an approach favoured by a number of countries including Ireland.
During a bad tempered video conference nearly two weeks ago, EU leaders were unable to agree on a major stimulus plan for Europe in the face of the economic battering inflicted by the pandemic.
As a result leaders sent eurozone finance ministers back to the drawing board to come up with proposals which could command broad political support.