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Malta says could not guarantee "a safe place" for migrants amid COVID-19 pandemic
Friday, April 10, 2020 01:03:00 AM
. Contributed by NAMPA / Xinhua. VALLETTA, April 9 (Xinhua) -- Malta is not in a position to guarantee the rescue of migrants on board of any vessels or to ensure the availability of a safe place to any persons rescued at sea, the government said on Thursday.
EU Finance Ministers Agree Coronavirus Rescue Deal
Friday, April 10, 2020 12:57:00 AM
EU finance ministers agreed a 500-billion-euro rescue Thursday for European countries hit hard by the coronavirus epidemic, but put aside demands from Italy and France for pooled borrowing. The breakthrough came after the Netherlands softened its position on the crucial question of making needy....
EU agrees €500m coronavirus rescue package
Friday, April 10, 2020 12:53:00 AM
EU finance ministers have agreed a €500bn (£440m) rescue package for European countries hit hard by the coronavirus pandemic. The chairman of the Eurogroup, Mário Centeno, announced the deal, reached after marathon discussions in Brussels. But the ministers failed to accept a demand from France and....
The Euro’s fatal flaws have been exposed — and it will take historic action to save it - AlterNet
Friday, April 10, 2020 12:52:00 AM
After a faulty start to the coronavirus pandemic, the European Union members appear to be getting their act together, as they all appear to have abandoned ruinous slash-and-burn austerity policies (including budget cuts to health care, education and other social services) in order to cope with the onset of a global depression.
EU strikes €500bn relief deal for countries hit hardest by pandemic
Friday, April 10, 2020 12:51:00 AM
A messy compromise to unlock €500bn (£438bn) of EU support for countries hit hardest by the coronavirus pandemic has been struck after Italy’s prime minister, Giuseppe Conte , warned that the existence of the bloc was at stake. EU finance ministers on a video conference call struck a deal late on....
Axelle Devaux
Friday, April 10, 2020 12:49:00 AM
is a research leader at RAND Europe and deputy head of the Brussels office. Her research focuses on education policies with a particular interest in education technologies and how they can support vulnerable learners. Devaux has worked with the EU institutions for over 15 years and managed the....
EU agrees €500m coronavirus rescue package
Friday, April 10, 2020 12:47:00 AM
Image copyright Getty Images Image caption Italy has been struggling with huge debt since before the coronavirus crisis. EU finance ministers have agreed a €500bn (£440m) rescue package for European countries hit hard by the coronavirus pandemic. The chairman of the Eurogroup, Mário Centeno,....
EU finance ministers reach agreement on coronavirus rescue deal
Friday, April 10, 2020 12:42:00 AM
The breakthrough came after the Netherlands softened its position on the crucial question of making countries in need commit to economic reform and outside oversight in return for assistance. The Hague blocked the talks two days earlier by insisting that Italy, or any other country in need, deliver....
Eurobonds set aside as finance ministers broker compromise
Friday, April 10, 2020 12:29:00 AM
The 19 euro zone finance ministers were due to convene over a video conference to try to find a compromise on a rescue package for states struggling to manage the economic impact of the pandemic The 19 members of the euro zone hammered out a compromise on Thursday to aid states in need of funding....
European finance ministers strike deal to combat coronavirus recession
Friday, April 10, 2020 12:29:00 AM
EU finance ministers agreed on a compromise strategy today to fight the coronavirus economic fallout with emergency credit lines and spending plans — but no corona bonds. Ministers quickly signed off on a deal that France, Germany, Italy, the Netherlands and Spain had put together in private talks....
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