×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Friday
16
Jan 2026
weather symbol
Athens 10°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

Ballistic missile strike hits pier in Ukraine

The ordeal of a 28-year-old Greek man in Australia: He went on holiday to visit relatives, was injured at a beach, and is at risk of quadriplegia

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

“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

Sophie Turner’s first photo as Lara Croft released for Tomb Raider series

January 15, 2026

Obst sealed the win at the end against Panathinaikos as Bayern defeated them 85–78 in Munich

January 15, 2026

“You think you are descendants of Plato and Aristotle, but you’re not” – Rama’s tirade against Greek journalist, watch video

January 15, 2026

“Aunt Pecu,” who lived outside all protocol: Who the unconventional and eccentric princess Irene was

January 15, 2026

High-tech fraud – SMS blaster attack: Bank data stolen using special equipment installed in a car’s trunk

January 15, 2026

Ballistic missile strike hits pier in Ukraine

January 15, 2026

Ursula von der Leyen from the Green Line: Pushing for a solution to the Cyprus issue is a priority

January 15, 2026

The ordeal of a 28-year-old Greek man in Australia: He went on holiday to visit relatives, was injured at a beach, and is at risk of quadriplegia

January 15, 2026
All News

> Lifestyle

Sophie Turner’s first photo as Lara Croft released for Tomb Raider series

The first official image of Sophie Turner as Lara Croft has been released from the upcoming Prime Video series, which is currently in production. The project is a television adaptation of the iconic Tomb Raider video game franchise

January 15, 2026

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

January 15, 2026

Nikki Glaser reveals jokes cut from her Golden Globes hosting set

January 15, 2026

Next-level skylines: The towers transforming cities in 2026

January 13, 2026

Stefanos Kasselakis: The family “jewel” in Ekali is up for rent at €20,000 per month

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