×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Saturday
16
May 2026
weather symbol
Athens 19°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

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

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

The message from New Democracy’s top figures: The “platforms” of Pierrakakis and Dendias, the Hatzidakis–Adonis “dialogue,” and Marinakis’ torch

An international criminal network was selling fake medicines to seriously ill patients in Greece as well: turnover reached €240 million – Arrests and investigations in six countries

Intervention by Mitsotakis at the ND Conference: In 2027 Greeks will choose who they want to represent them in the Presidency of the EU

“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

The message from New Democracy’s top figures: The “platforms” of Pierrakakis and Dendias, the Hatzidakis–Adonis “dialogue,” and Marinakis’ torch

May 16, 2026

An international criminal network was selling fake medicines to seriously ill patients in Greece as well: turnover reached €240 million – Arrests and investigations in six countries

May 16, 2026

Intervention by Mitsotakis at the ND Conference: In 2027 Greeks will choose who they want to represent them in the Presidency of the EU

May 16, 2026

Everything is changing for electric scooters: Full ban for minors and speed limiters to become mandatory

May 16, 2026

Unsettled weather today with African dust, where it will rain

May 16, 2026

AADE targets €3.2 billion in overdue debts – Artificial intelligence and digital tools deployed in the fight

May 16, 2026

The scenarios police are examining in the case of the 24-year-old woman who fell from the 7th floor in Piraeus – Her partner’s testimony

May 16, 2026

ND Conference: Mitsotakis’ dilemmas and the… three-digit phone call – The side conversations, vouchers and late-night gatherings

May 16, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα