Germanys fight against the coronavirus but chancellor merkel warns the country to remain vigilant and says its still too early to consider easing restrictions on public life. And bodies left in the streets in ecuador as coronavirus cases overwhelm of foreign teams hospital struggle to cope with a surge in cases on the worst may be yet to come. Im told me a lot it will welcome to the program e. U. Finance ministers have reached a deal 1850500 1000000000 euro plan to soften the economic fallout from the coronavirus pandemic the measures are aimed at helping states hit by corporate 19 as well as supporting companies and protecting jobs the breakthrough came after ministers failed to overcome their differences in marathon talks. Earlier this week southern European Countries wanted the union to do more to ease access to Financial Markets by creating socalled corona bonds but that idea was vetoed by wealthier countries such as germany the netherlands and finland. You know motus is following
To cope with the surge in cases and the worst may be yet to come. Im told me a lot of welcome to the program you finance ministers have reached a deal on a 500000000000 euro plan to soften the economic fallout from the coronavirus pandemic the measures are aimed at helping states hit by 19 was one of supporting companies and protecting jobs the breakthrough came after ministers failed to overcome their differences in marathon talks and there this week southern European Countries wanted the union to do more to ease access to Financial Markets by creating socalled corona bonds but that idea was vetoed by wealthier countries such as germany the netherlands and finland. Earlier i spoke to brussels correspondent diogu motus and he gave us more details on the deal. Right this rescue plan basically consists of 3 safety nets 1st of all there is the money that comes from the European Bailout Fund the socalled european stability mechanism some 240 of 1000000000 euros secondly there is the Europe
19 the chancellor Angela Merkel calls for vigilance that warns it is still too early to consider easing restrictions on daily life clocks and easter like no other before as churches close their doors to the faithful mosques are also off limits for worshippers after the just meters from the world and sensitivities and celebration. Im sorry kelly welcome to the program europes finance ministers have struck a deal on a 500000000000 euro bailout aimed at limiting the economic damage from the coronavirus the measures should help nations hardest hit by covert 90 as well as supporting companies and protecting jobs the breakthrough came after ministers failed to bridge their differences in marathon talks. Earlier this week southern European Countries led by italy and spain wanted the European Union to ease access to Financial Markets by creating socalled corona bombs but the idea was resisted by rich northern states including germany in that islands and finland. More were trying to buy backs w
Restrictions on daily life. And easter of like no other as worship moves on by Church Services are cuts and religious leaders are around the world canceled festivities and celebrations. Im sorry kelly welcome to the program europes finance ministers have struck a deal on a 500000000000 euro bailout aimed at limiting the economic damage from the coronavirus the measure should help nations hardest hit by cope with 19 as well as supporting companies and protecting jobs the breakthrough came after ministers failed to bridge their differences in marathon talks earlier this week southern European Countries led by italy and spain want the European Union to ease access to Financial Markets by creating so. Called bonds but the idea was resisted by richard northern states including germany the netherlands and finland and its. A very abrupt regard who is following the story for us from brussels about tell us what exactly is in that steel. That was a big sigh of relief in all 27. 00 capitalists of
Around the world cancel the festivities and calibration. Im sorry kelly welcome to the program europes finance ministers have struck a deal on a 500000000000 euro bailout aimed at limiting the economic damage from the coronavirus the measure should help nations hardest hit by covert 19 as well as supporting companies and protecting jobs show the breakthrough came after ministers failed to bridge their differences and marathon talks earlier this week 3 southern European Countries led by italy and spain wanted the European Union to ease access to Financial Markets by creating socalled corona bonds but the idea was resisted by some Member States including germany the netherlands and finland. And earlier i spoke with our correspondent regard to brussels and i asked him whether the measures that have been agreed would be enough but all experts in brussels and also the European Central bank says these emergency funds worth 540000000000 euros are not enough you need a Recovery Fund to restart