Coronavirus will make life hard for a long time, Angela Merkel says

posted in: Germany, News

Despite positive developments in Germany, Chancellor Angela Merkel has cautioned that the pandemic has only just begun. She also said Germany should be prepared to open its pocketbook to help the EU. The decision to impose restrictions on public life … Read More

COVID-19 and the EU: crisis too far or transformative moment?

posted in: European Union, News

Will the COVID-19 pandemic prompt the EU to take the decisive integrative steps that it failed to take in the context of the Eurozone crisis? Or will this be a crisis too far? The COVID-19 pandemic poses an existential threat … Read More

Europe needs €1.5 TRILLION to recover or single market could ‘break in two’ – EU economy commissioner

posted in: European Union, News

FILE PHOTO. ©  Global Look Press / www.imago-images.de The European Union urgently requires financial injections to stay afloat and survive the coronavirus epidemic currently ravaging the continent, the European commissioner for the economy, Paolo Gentiloni, has warned. A whopping €1.5 … Read More

Europe has relied on Turkey to stem another migration crisis. That plan backfired.

This is the story behind the clashes at the Greek border. Migrants wait to board a ferry in the port of Mytilene, on the island of Lesbos, Greece, on March 20. (Vangelis Papantonis/AP) In the midst of Europe’s coronavirus problem, a new border … Read More

Coronavirus: Germany tightens curbs and bans meetings of more than two

posted in: Germany, News

EPA Germany has expanded curbs on social interactions to try to contain the coronavirus outbreak, banning public gatherings of more than two people. In a televised address, Chancellor Angela Merkel said “our own behavior” was the “most effective way” of … Read More

EU ministers make breakthrough on coronavirus economic response

posted in: European Union, News

Finance ministers of eurozone countries reached an “excellent accord” on fighting the pandemic-triggered recession. Europe has proven itself to be “a match” for the crisis, said French representative Bruno La Maire. After hours of talks on Thursday, representatives of 19 … Read More

EU’s one trillion euro coronavirus plan most important in its history – France’s Le Maire

posted in: European Union, News

PARIS (Reuters) – French Finance Minister Bruno Le Maire said European Union member states had agreed to mobilize 1 trillion euros to shore up the economy in response to the coronavirus crisis, in the most important economic plan in the … Read More

Could Italy tear Europe apart?

posted in: European Union, News

Euroscepticism is running high as the EU abandons the beleaguered country to its pandemic fate. Europe is heading into its most severe economic crisis for decades. Its two biggest economies — Germany and France — are already in freefall. Germany … Read More

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