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Europe Daily Bulletin No. 12453

25 March 2020
Contents Publication in full By article 1 / 35
EU RESPONSE TO COVID-19
EMU: Eurogroup paves way for credit lines from euro-area permanent rescue fund
Brussels, 24/03/2020 (Agence Europe)

*** updated on Wednesday 25 March at 11:30 am ***

Eurozone Finance Ministers explored by videoconference on Tuesday 24 March several options to further strengthen the euro area’s lines of defence against the COVID-19 pandemic.

Granting ECCL credit lines by the European Stability Mechanism (ESM) – the euro area’s permanent rescue fund, which currently has a firepower of €410 billion – is the option that enjoys “broad support” within the Eurogroup, said its president, Mário...

Contents

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