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Coronavirus: EU finance ministers agree on €500 billion emergency fund

panorama.am04/10th/2020, 7:18

Coronavirus: EU finance ministers agree on €500 billion emergency fund

EU Finance ministers agreed on Thursday to a common emergency plan to limit the impact of the coronavirus pandemic on the European economy, Euronews reported.

EU member states have agreed to an emergency response plan of €500 billion.

"This proposal contains bold and ambitious proposals that would have been unthinkable just a few weeks ago", the Portuguese Finance minister and president of the Eurogroup Mario Centeno said in a video conference on Thursday.

"We can all reme...

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