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Image header Agence Europe
Europe Daily Bulletin No. 12449
EU RESPONSE TO COVID-19 / Economy

COVID-19, European Parliament committee favours intervention by euro-area rescue fund

The coordinators of the main political groups in the European Parliament’s Committee on Economic and Monetary Affairs (ECON) welcome the possibility of mobilising the European Stability Mechanism (ESM) to help euro-area countries deal with the economic crisis caused by the coronavirus pandemic.

We call on Member States to take more emergency economic measures to provide financial assistance to a badly affected euro-area country, “including the possibility of setting up a dedicated...

Contents

EU RESPONSE TO COVID-19
SECURITY - DEFENCE
EXTERNAL ACTION
ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
NEWS BRIEFS