As EU leaders strive toward ending the economic crisis sparked by the coronavirus pandemic, the German Constitutional Court has created an obstacle for the European Central Bank (ECB) which is buying the bonds of indebted southern European countries at an...
In the discussion about further financial aid for Europe’s economy to deal with the economic fallout of COVID-19, head of the European Stability Mechanism (ESM) Klaus Regling has stated that “at least another 500 billion” from European institutions will be...
The coronavirus has exposed the deep divisions within the EU as they struggled to agree upon appropriate fiscal measures designed to save the bloc from the economic impact of this pandemic. On Thursday, EU finance ministers finally managed to agree...
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