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Europe Daily Bulletin No. 12467

16 April 2020
EU RESPONSE TO COVID-19 / Ecofin
EU ministers agenda includes bank loans to economy, SURE instrument, and economic situation during Covid-19
Brussels, 15/04/2020 (Agence Europe)

The EU Finance Ministers will have a videoconference meeting on Thursday 16 April at 3:30 pm.

According to an EU source, the only definitive decision expected will be the approval of an EU Council declaration calling on banks to continue lending to households and businesses in difficulty as a result of the Covid-19 pandemic and to ensure the insurance sector continues to function (see EUROPE B12463A3).

The statement calls for flexible application of banking prudential rules “at a time when...

Contents

BEACONS
EU RESPONSE TO COVID-19
ECONOMY - FINANCE
EXTERNAL ACTION
INSTITUTIONAL
SECTORAL POLICIES
Op-Ed
NEWS BRIEFS