×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Friday
14
Aug 2026
weather symbol
Athens 28°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

New attack in the Strait of Hormuz: Two vessels belonging to Abu Dhabi’s state-owned oil company targeted

Fidan in Egypt: Attack on the Greece-Cyprus-Israel trilateral partnership – Ankara’s plan for Mecca

Zelensky asks for 10% of the US’ Patriot stockpile so Ukraine can defend itself against Russia

“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

865 acres acres burned, damage to homes & cars from the wildfire in Siviri – Continuous water drops to extinguish all remaining hotspots

August 14, 2026

Greek FM speaks with Iranian Foreign Minister – Freedom of navigation in the Strait of Hormuz at the center of discussions

August 14, 2026

Athens empties out: More than 43,600 passengers departing from Piraeus for the August 15 holiday – 194 ferry sailings through Sunday

August 14, 2026

New attack in the Strait of Hormuz: Two vessels belonging to Abu Dhabi’s state-owned oil company targeted

August 14, 2026

Fidan in Egypt: Attack on the Greece-Cyprus-Israel trilateral partnership – Ankara’s plan for Mecca

August 14, 2026

Meltemi winds intensify for 48 hours: Sailing ban from Rafina and Lavrio, routes canceled from Piraeus, very high wildfire risk

August 14, 2026

Volatile combination of high winds and soaring temperatures on Friday: Attica and two other regions on red code for wildfire risk

August 13, 2026

«It’s a matter of safety»: Anger in Britain as open facility for over 1,200 migrants is built next to village of 350 residents

August 13, 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