July 2020. EU leaders have struck a deal on a huge post-coronavirus recovery package following a fourth night of talks. It involves €750bn (£677bn; $859bn) in grants and loans to counter the impact of the pandemic in the 27-member bloc. The talks saw a split between nations hardest hit by the virus and so-called “frugal”… Continue reading Jul 2020. EU Coronavirus Talks on Day 4
Tag: The Netherlands
May 2020. EU Coronavirus Bailout Plan
May 2020. A One Trillion Euro Bailout Package for the European Union to help cope with the fallout from the coronavirus pandemic would be a game-changer for the bloc, an analyst told Euronews. Guntram Wolff, director of the European think tank, Bruegel, said that the financial package currently being debated in Brussels would be “a… Continue reading May 2020. EU Coronavirus Bailout Plan
Apr 2020. EU Virus Crisis
April 2020. The European Union has scraped through its latest crisis by the skin of its teeth. The past week has been a disgrace. When ministerial talks collapsed on Thursday over the plan for a “coronabond”, the reaction seemed terminal. Germans and Dutch insulted Italians and Spaniards. Italy’s prime minister, Giuseppe Conte, said his country… Continue reading Apr 2020. EU Virus Crisis