×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Thursday
15
Jan 2026
weather symbol
Athens 13°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

FBI searches the home of a Washington Post journalist who covered the Trump administration’s firing of federal employees

Countdown to a U.S. strike on Iran: Americans and Britons evacuate bases, direct assassination threat against Trump from Tehran – Live

Direct assassination threat against Trump from Iran: “This time the bullet will not miss the target”

“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

Tourism: Greece, Athens, and Attica lead with over 4.75 billion euros in revenue by 2019—Doubling previous figures

January 15, 2026

New cultural route at the Acropolis highlights the historic Koili Odos

January 15, 2026

Snow cover in Greece surpasses the seasonal average in January 2026

January 15, 2026

Trump for Reza Pahlavi: “Very likable, but I don’t know if the Iranians will accept him”

January 15, 2026

Vicky Chatzivasileiou: “I never gave up anything for television — It’s not my whole life”

January 15, 2026

Oil prices fall 3% after Trump’s statements on Iran

January 15, 2026

Erfan Soltani has not been sentenced to death, Iranians now say

January 15, 2026

Nikki Glaser reveals jokes cut from her Golden Globes hosting set

January 15, 2026
All News

> Greece

Snow cover in Greece surpasses the seasonal average in January 2026

The snow cover increased sharply after January 10 due to the cold front

January 15, 2026

Greece welcomes the Frigate Kimon alongside the Battleship Averoff and the Trireme Olympias – Exploring the connection between these “Ships of Victory”

January 15, 2026

People over 110 maintain health with an immune system that resists aging

January 15, 2026

A flu surge is coming: 100 patients in one day at Evangelismos hospital

January 15, 2026

Greece introduces a legal framework for undercover agents infiltrating criminal groups

January 15, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα