EU finance ministers forgo using fiscal 'firepower' for now

Tue, Mar 17, 2020 - 6:52 AM

Eurogroup chairman Mario Centeno said the unfolding scenario was "war-like" and that EU ministers meeting by videoconference were duty-bound to do whatever it took to respond to the crisis.

PHOTO: REUTERS

[BRUSSELS] EU finance ministers pledged on Monday to fight the coronavirus "war" that is destroying their economies, but held off from announcing a major plan to boost Europe.

One by one, EU nations are enforcing strict lockdowns as governments make the tough decision to sacrifice their...

To continue reading

for full content

if you are a subscriber

Get our introductory offer at only

$0 .99*/month

Cancel anytime

*$0.99/month for first 3 months

$29.90/month for the next 9 months

Need help?

CALL +65 6388 3838 EMAIL btocs@sph.com.sg

OPERATING HOURS (+8 GMT) MON-FRI: 8:30AM-5:30PM

Register to read this article. Log in if you are already a subscriber. Register to read this article. Log in if you are already a subscriber. Please log in or subscribe to continue reading.