
European Commission President Ursula von der Leyen holds a news conference detailing EU efforts to limit economic impact of the coronavirus disease.
The president of the European commission said she was confident the 27 member states would back her scheme, describing the EU's budget as the Marshall plan for the crisis, in reference to the post-second world war fund that rebuilt Europe.
The EU's executive branch is proposing to borrow from the international markets and make loans to member state governments to allow them to fund short-time working schemes, under which employees work reduced hours with some of their salary paid by the state.














Comment: EU borders; feedback from Italy EU's inaction followed by 'coronabonding'