Bruno Le Maire, victorious and relieved after three days of very tense negotiations. On Thursday, April 9, the 27 agreed to deploy more than 500 billion euros, including 100 billion to help states finance short-time working. The goal : avoid waves of layoffs and allow companies to quickly restart once the health crisis is over.
European Investment Bank to grant 200 billion euros in loans to small and medium-sized enterprises (SME). Finally, 240 billion euros will be dedicated to finance health spending via the euro zone relief fund to buy equipment or finance research. All without the imposed austerity cures, the unprecedented. The 27 agree that it will be necessary to go even further with a stimulus fund. “Summit of heads of state and government to be held on April 23”, says journalist Valéry The Red in Brussels.
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