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  • Thu. Nov 21st, 2024

EU prepares steps to assist economy as coronavirus hits

EU prepares steps to assist economy as coronavirus hits

FILE IMAGE: European Economic Commissioner Paolo Gentiloni speaks throughout a news conference on public financial resources in EU states at European Union Commission head office in Brussels, Belgium February 26,2020 REUTERS/Francois Lenoir

BRUSSELS (Reuters) – The European Union’s economics commissioner said on Monday the bloc was all set to release all possible procedures to deal with the impact of the coronavirus break out on the European economy, as health threats in Europe were raised to high.

Paolo Gentiloni said there must be a “collaborated fiscal r

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