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Europe Daily Bulletin No. 12482

8 May 2020
ECONOMY - FINANCE - BUSINESS / Eurogroup
Commission specifies monitoring envisaged in event of activation of ESM credit lines by a euro area country
Brussels, 07/05/2020 (Agence Europe)

On Thursday 7 May, the European Commission specified the monitoring it intends to carry out in the event of activation, by a euro area country, of the European Stability Mechanism (ESM) credit lines intended to contribute to direct and indirect health expenditure in the fight against the Covid-19 pandemic.

In a letter signed by the competent Commissioners, Mr Dombrovskis and Mr Gentiloni, the European institution stresses that budgetary monitoring will be limited to checking that the funds...

Contents

EU RESPONSE TO COVID-19
ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
EXTERNAL ACTION
SECURITY - DEFENCE
INSTITUTIONAL
COURT OF JUSTICE OF THE EU
COUNCIL OF EUROPE
NEWS BRIEFS