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Dombrovskis: ‘I could imagine containment costs covered by ESM loans’
Following the Eurogroup’s agreement on the economic response to the coronavirus, European Commission vice-president Valdis Dombrovskis on Friday (10 April) welcomed the €540 billion package in an exclusive interview with EURACTIV.com
Eurogroup agrees on €540 billion corona-package
The Eurogroup finally agreed on a €500 billion package to support member states, companies and workers in the coronavirus crisis, after The Netherlands and Italy overcame they differences. Leaders will discuss in the coming days the recovery plan and the possibility of ‘coronabonds’.
ILO warns of ‘devastating’ consequences of COVID-19 on labour markets
Lockdown measures decided across the globe to fight the spread of the COVID-19 pandemic, are having “devastating” consequences on labour markets, affecting around 81% of the world’s workforce, the International Labour Organisation (ILO) warned on Tuesday (7 April).
Tweets of the Week: Hungary, EU Aid, D.I.Y. Art
Orban’s audacity is right off the chart; an EU support scheme will everyone take part?; and a bored lockdown world makes its own art.
Netherlands, Austria push for tougher conditions for corona-loans
The Hague and Vienna are insisting on including stricter conditionality attached to loans for coronavirus-hit countries, toughening up the formula proposed by the eurozone’s bailout fund (ESM) and seen by EURACTIV.com.