A deal is agreed

Written by David Fletcher 16 Apr 2020
A deal is agreed

The Eurozone is in a deep recession. Unemployment figures are spiking to unprecedented highs and debt levels are soaring. It is an economic crisis on a scale not seen since the Second World War, or the Great Depression. Onlookers have watched individual countries retreat into national self-righteousness and mutual finger-pointing in a very un-united attitude that threatens the survival of the EU and will not solve anything. Then, finally, after weeks of wrangling, EU finance ministers managed to reach a deal - to the relief of most. Let us pray that the €500 billion package to help countries hardest hit by the pandemic will succeed in implementing an economic plan. See also

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