EU Finance Minister to meet Monday to agree on a coordinated economic response to coronavirus
|Reuters reports that European Union Finance Ministers plan to agree on Monday on a coordinated economic response to the coronavirus pandemic.
Key insights
European Commission forecast the effects of the virus could push the EU into a recession.
Meeting today aimed at action for a coordinated stepping up of the EU's response.
Eurogroup of ministers videoconference.
The Chairman of Eurozone Finance Ministers, Mario Centeno of Portugal, tweeted out: "Our Monday Eurogroup will be dedicated to the Covid19 response. The bulk of the initial policy action lies in the capitals, but I will lead our group to agree on comprehensive and coordinated EU economic policy response to this health crisis."
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