×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Friday
20
Mar 2026
weather symbol
Athens 9°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Politics

EU ministers hope to agree to half a trillion Euro coronavirus rescue

“The economic plan will shield our economic and social tissue as we dive into a recession”

Newsroom April 7 05:51

Euro zone finance ministers hope to agree on Tuesday on half a trillion euros worth of economic aid to finance recovery from the coronavirus, a discussion that has sown divisions as the bloc struggles with the outbreak.

If they do agree, the joint EU and national government responses could add up to the biggest fiscal support programme in the world, surpassing that of the United States, Reuters calculations showed.

But there is no deal is in sight on issuing joint debt, something hardest-hit Spain and Italy have demanded but were denied by the more fiscally conservative Germany and the Netherlands.

The ministers will agree on three economic safety nets – for workers, for businesses and for governments, the chairman of the ministers Mario Centeno said in a video statement.

“It is arguably the most sizeable and ambitious package ever prepared by the Eurogroup. It builds on unprecedented efforts already take by governments and monetary authorities,” he said.

See Also:

Deutsche Bank: How can tourist destinations attract travelers this summer

>Related articles

Metron Analysis and MRB show a rise of ND by nearly two points, reaching 31.1% due to the war

MRB: Almost two-point gains for ND, reaches 31.1% in vote estimate – PASOK moves to second place at 14% with a 17.1-point gap

IB to be introduced in 13 public schools from September, says Zacharaki – See which schools have been selected

“The economic plan will shield our economic and social tissue as we dive into a recession,” he said.

The fight about how far to go to cushion the downturn has left the ailing south chastising its wealthier peers for not showing enough solidarity and casting it as an existential test that could break the EU.

Read more: Reuters

Ask me anything

Explore related questions

#coronavirus#COVID-19#diplomacy#economy#eu#EuroGroup#europe#negotiations#politics#reuters#world
> More Politics

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Metron Analysis and MRB show a rise of ND by nearly two points, reaching 31.1% due to the war

March 19, 2026

Chuck Norris: Actor rushed to the hospital, his health condition remains unknown

March 19, 2026

MRB: Almost two-point gains for ND, reaches 31.1% in vote estimate – PASOK moves to second place at 14% with a 17.1-point gap

March 19, 2026

IB to be introduced in 13 public schools from September, says Zacharaki – See which schools have been selected

March 19, 2026

Greek Patriot missiles in Saudi Arabia protected every EU and global citizen, says Dendias – Opposition fires back, claiming involvement in war

March 19, 2026

Vangelis: The Biography – From the Forminx to Aphrodite’s Child & the Oscar, his feud with Logaridis & getting the door slammed in his face by his very own record label

March 19, 2026

The Iranians struck a US F-35 for the first time – It made an emergency landing at a base in the Middle East

March 19, 2026

ONEX-Hanwha Ocean strategic agreement for shipbuilding cooperation focusing on Greece

March 19, 2026
All News

> Culture

Chuck Norris: Actor rushed to the hospital, his health condition remains unknown

Sources report that the 86-year-old Hollywood star is in good spirits

March 19, 2026

Vangelis: The Biography – From the Forminx to Aphrodite’s Child & the Oscar, his feud with Logaridis & getting the door slammed in his face by his very own record label

March 19, 2026

Greece – Moldova cultural cooperation – Lina Mendoni’s visit to Chisinau

March 19, 2026

From Menidi to Penteli, Brad Pitt – Filming today at the Duchess of Plaisance Mansion (videos-photos)

March 18, 2026

In a studio in Menidi, Brad Pitt for the filming of his movie: An artificial storm scene was set up for The Riders

March 16, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα