EUR 500bn package adopted, no coronavirus bond

EU finance ministers agree on EUR 500bn rescue package

The hardest-hit member countries, businesses and people will get help. So decided the finance ministers on Thursday, 9 April. The half-trillion-euro deal will be channelled to the corona victims using three vehicles: the ESM, the EIB and a new employment initiative called “Sure”. The “coronavirus” bonds are still off the table.

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