EU Agrees on €500Bn Emergency Response Plan As COVID-19 Spread Slows


EU Agrees on €500Bn Emergency Response Plan As COVID-19 Spread Slows

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On April 9th, European Union finance ministers agreed on an emergency response plan of €500 billion.

“This proposal contains bold and ambitious proposals that would have been unthinkable just a few weeks ago”, the Portuguese Finance minister and president of the Eurogroup Mario Centeno said in a video conference.

“We can all remember the response to the financial crisis of the last decade, when Europe did too little too late. This time around is different.”

The proposal, he added, “implements the strong response that Europe needs”.

Shortly after they reached an agreement, finance ministers enthusiastically announced the news on social media.

“Excellent agreement between EU finance ministers on the economic response to coronavirus,” French finance minister Bruno Le Maire tweeted.

“500 billion euros will be made available immediately. A stimulus package is to come. Europe is standing up to face the seriousness of the situation.” Le Maire added: “This is an important day for Europe.”

“After long and intense conversations the last couple of days, the Eurogroup came to a good conclusion today. We made sensible agreements together for Europe and the Netherlands to face the coronacrisis”, the Dutch Finance minister Wopke Hoekstra said.

Hoekstra added that the “comprehensive package” will help EU member states to “finance the medical costs” and “build national economies on the long-term”.

The ESM is the European Stability Mechanism. Once activated, it should provide financial assistance to countries facing difficulties that would otherwise drag the entire EU area into a downward spiral, dangerous for the economic resilience of member states.

With some countries reporting signs of hope in terms of new COVID-19 infections, including Italy, some countries have already expressed their will to relax some lockdown measures in place.

Austria and Czech Republic have announced that by next week, some non-essential shops will start reopening. Denmark’s schools will reopen on 15 April and Norway’s on 20 April.

Italian Premier Giuseppe Conte has said that some lockdown measures will be relaxed in the coming weeks: “If scientists confirm it, we might be able to relax some measures already by the end of this month,” he said in a statement.

Spain has extended its state of emergency to 26 April, another two weeks.

The €500 billion package is also in solidarity because money is immediately available from the ESM for medical purposes and because there is agreement about other emergency packages, he said. “The loans from the emergency fund must be corona-related, we are not just going to finance the healthcare of other countries,” Hoekstra said.

Italy, Spain and Portugal previously accused the Netherlands of showing a lack of solidarity. Italy, the EU country hit hardest by the coronavirus so far, in particular pushed for coronabonds and unconditional use of the emergency fund.

“Some countries think that if there is enough pressure, things will start to move. We can talk about everything. We are in solidarity. But if countries want to invest money from the emergency fund in their economy in addition to the corona crisis, then there are conditions,” Hoekstra said

Meanwhile, on April 9th, the United States surpassed 460,000 cases, while Italy, Spain, Germany and France continued their relatively low percentage gains of new cases.

France registered a high number of 1,341 fatalities, while other European countries registered a downward trend in new fatalities.

EU Agrees on €500Bn Emergency Response Plan As COVID-19 Spread Slows

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  • Hasbara Hunter




      Sorry,the nwo/soros/gates/neo-liberal agenda is proven via lies/cruserships/rentacars biological warfare concept,along with vaccines nowdays fo more harm than good,their fake trying to put blame on chinas advanced 5g platform only became a fear epodemic when their allied corporations lost in chinas wake,as time and evodence proves more to be the case.
      Personally I’m ok with 3-4g,yet don’t give me the narrative to try to dumb all of us down for cia!

      • Hasbara Hunter

        Thanks for the additional information…yeah agree Biological is a very fine weapon as COVID-19 proved to be…but it still is about the common thread….ELITES are going to take them Sheeples to the SLAUGHTER…History always repeats itself….Renegade-”Injuns” (those that fled the Reservations) were hunted down & Exterminated including women & children…This will happen to our peoples too…Those that get their RFID are considered Friendly “Hang-Around-The-Forts”….All those who dare to chose for Freedom will be considered “Hostiles” & will be Hunted down and exterminated…

        Though I think most Sheeples are stupid ignorant Morons…I still consider them my Peoples…Thus I consider Every Elite me Enemy…

      • Hasbara Hunter

        Up here in Holland they are already burning 5G-Towers…just for the safety…you never know what AngloZioNazis are up to next…after executing Operation Gladio Dark Winter COVID-19 one can expect anything…let them bring on their little war…and cities will burn…

  • jm74

    Came across this article which destroys the view of the virus being a natural pandemic but a man made biological weapon. It all started in the US in 2001.

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  • Hasbara Hunter

    Sorry only a Dutch version: